Litecoin price rallied upwards strongly to succeed reaching the thresholds of our waited target at 142.75, noting that the strong breach of the bullish channel’s resistance hints that the price is on its way to achieve more gains on the short term basis, as our next target extends to reach 158.50.
Therefore, the bullish trend will remain suggested in the upcoming sessions conditioned by the price stability above 130.80.
The expected trading range for today is between 130.80 support and 158.50 resistance
The expected trend for today: Bullish