Litecoin price shows more bearish bias to approach our main waited target at 25.00, pressing negatively on the intraday bearish channel’s support line to reinforce the chances of extending the bearish wave in the upcoming period, noting that surpassing the mentioned level will push the price towards 20.00 as a next station.
Therefore, we will continue to suggest the bearish trend for today unless breaching 33.10 level and holding above it.
Expected trading range for today is between 20.00 support and 33.10 resistance
Expected trend for today: Bearish