Litecoin price rallies upwards now to breach the bullish channel’s resistance and moves above 50.00 barrier now, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the way is open to achieve our next target at 56.45, while holding above 42.75 represents key condition to achieve the suggested targets.
The expected trading range for today is between 44.00 support and 52.00 resistance
The expected trend for today: Bullish