Litecoin price continues to rise calmly to breach the EMA50 and settles above it now, reinforcing the expectations of continuing the bullish trend in the upcoming period, which targets visiting 69.40 level as a next main station, noting that stochastic current negativity might cause some sideways fluctuation before heading towards the mentioned target.
In general, the bullish bias will remain expected unless we witnessed clear break and hold below 50.00.
Expected trading range for today is between 50.00 support and 60.00 resistance
Expected trend for today: Bullish