Litecoin price loses momentum – Analysis - 26-06-2018

Economies.com
2018-06-26 04:14AM UTC

Litecoin price fluctuates around 80.00 level since yesterday, noticing that stochastic shows clear overbought signals, waiting to motivate the price to resume the bearish trend that moves inside the bearish channel that appears on the chart, which its next main target located at 60.00.

 

On the other hand, we should note that breaching 102.00 will stop the expected decline and lead the price to turn to rise.

 

Expected trading range for today is between 60.00 support and 90.00 resistance

Expected trend for today: Bearish

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