Litecoin price succeeded to achieve our first waited target at 36.00 and settles there now, getting continuous positive support by the EMA50, reinforcing the chances of continuing the bullish trend in the upcoming period, which its next target located at 40.60.
Therefore, the bullish bias will remain dominant on the intraday basis, noting that breaking 32.50 will stop the expected rise and push the price to decline again.
Expected trading range for today is between 32.50 support and 40.60 resistance
Expected trend for today: Bullish