The tight range dominates Litecoin price’s trading in the previous days, which fluctuates around the sideways range’s resistance that appears on the chart, noticing that the EMA50 provides the positive support to the price, while stochastic shows clear oversold signals.
Therefore, these factors encourage us to continue suggesting the bullish trend in the upcoming sessions conditioned by the price stability above 77.50 level, reminding you that our main waited target is located at 102.00.
Expected trading range for today is between 80.00 support and 100.00 resistance
Expected trend for today: Bullish