Litecoin price gets the positive momentum – Analysis - 08-01-2019
Economies.com
2019-01-08 05:02AM UTC
Litecoin price shows sideways trading since yesterday, and it keeps its stability above the previously breached resistance, to keep the bullish trend scenario active until now, supported by stochastic reach to the oversold areas, besides the EMA50 that carries the price from below.
Our next target is located at 42.50, noting that breaking 34.40 followed by 32.00 levels will stop the expected rise and push the price to decline again.
Expected trading range for today is between 35.40 support and 42.50 resistance
Expected trend for today: Bullish
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