Litecoin price returns to test the key support 50.00, falling under negative pressure that comes by the EMA50, waiting to break the mentioned level to confirm rallying towards 40.00 that represents our next main target.
In general, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 56.80 level and holding above it.
Expected trading range for today is between 45.00 support and 56.00 resistance
Expected trend for today: Bearish