Litecoin price resumes its negative trading to approach our waited target at 120.00, falling under continuous negative pressure coming by the EMA50, to support the chances of breaking the mentioned level and extend the bearish wave to target the previously recorded low at 89.02 as a next station.
Therefore, the bearish trend will remain dominant in the upcoming period unless the price managed to breach 156.51 level and hold above it.
Expected trading range for today is between 100.00 support and 140.00 resistance
Expected trend for today: Bearish
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Ripple price begins the breaking process to 0.56 level by today’s opening, to move below this level now, which supports the continuation of our bearish overview efficiently in the upcoming period, supported by the negative pressure formed by the EMA50, paving the way to head towards our next target at 0.41.
MoreEthereum price trades with calm negativity to settle inside the bearish channel that appears on the chart, falling under the negative pressure that the EMA50 continues to provide, to keep the bearish trend scenario active in the upcoming sessions, reminding you that our next target reaches 310.00.
MoreBitcoin price begins today’s trading with clear bias to move away from 8000$ barrier, which supports the continuation of our bearish overview efficiently in the upcoming period, motivated by stochastic that appears clearly now, and the way is open to head towards our next main target that reaches 6039.30.
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