Litecoin price settles near the EMA50 and keeps its stability above it, while stochastic continues to move inside the oversold areas, waiting to motivate the price to continue the main bullish trend, organized inside the bullish channel that appears on the chart, reminding you that our next main target reaches 65.00.
Holding above 57.50 is important to continue the suggested rise, as breaking it will press on the price to test 52.50 areas before any new attempt to rise.
The expected trading range for today is between 57.50 support and 63.00 resistance
The expected trend for today: Bullish