Litecoin price negotiates the support – Analysis - 13-11-2018

Litecoin price continues to fluctuate around 50.00 level since yesterday, which represents the sideways range’s support line that appears on the chart, which urges caution from the upcoming trading, as breaking it will push the price to suffer losses that reaches 40.00 on the near term basis.

Until now, we still suggest the continuation of the sideways trading between 50.00 support and 56.00 resistance until the price manages to breach one of these levels and detect the next targets clearly.

Expected trading range for today is between 47.00 support and 56.00 resistance

Expected trend for today: Sideways