Litecoin price settles above 50.00$ barrier, and the price moves inside a bullish channel that appears on the chart, while the EMA50 provides continuous positive support to the price.
Therefore, our bullish overview will remain valid for the upcoming period, which targets 56.45 level mainly, while its continuation conditions holding above 45.50.
The expected trading range for today is between 47.00 support and 56.00 resistance
The expected trend for today: Bullish