Litecoin price shows positive trading since morning to surpass 198.26 level and settles above it, which requires being aware from the upcoming trading, where the price might head to test the most important resistance at 232.00 before resuming the bearish trend.
In general, we keep preferring the bearish trend for today unless breaching the last level and holding above it, reminding you that our next main target at 1561.51.
Expected trading range for today is between 170.00 support and 220.00 resistance
Expected trend for today: Bearish