Litecoin price found difficulty to break 52.00 level, to show some slight bullish bias, noticing that stochastic begins to overlap negatively now, which supports the chances of resuming the decline and breaking the mentioned support to open the way to head towards 40.50 as a next station.
Therefore, we will keep our bearish overview for the upcoming period unless breaching 60.15 level and holding above it.
The expected trading range for today is between 47.00 support and 56.00 resistance
The expected trend for today: Bearish