Litecoin price breaks the support – Analysis - 24-04-2019

Economies.com
2019-04-24 04:30AM UTC

Litecoin price succeeded to break 75.25 level and settles below it now, as it approached our first expected negative target at 69.43, and we suggest the continuation of the bearish bias to surpass the mentioned level followed by opening the way to target 60.00 level as a next main station.

 

Therefore, the bearish trend will remain expected in the upcoming period supported by stochastic negativity, conditioned by the price stability below 84.65.

 

The expected trading range for today is between 60.00 support and 80.00 resistance

The expected trend for today: Bearish

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