Litecoin price around the moving average – Analysis - 18-04-2019

Economies.com
2019-04-18 03:47AM UTC

Litecoin price fluctuates around the EMA50 that forms continuous negative pressure against the price, to support the expectations of continuing the bearish trend on the intraday and short term basis, waiting to surpass 75.25 level to ease the mission of targeting 69.43 followed by 60.00 levels mainly.

 

In general, we will keep our bearish overview unless breaching 84.65 level and holding above it.

 

The expected trading range for today is between 70.00 support and 84.65 resistance

The expected trend for today: Bearish

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