Litecoin price presses on the support – Analysis - 16-04-2019

Economies.com
2019-04-16 03:40AM UTC

Litecoin price traded with clear negativity yesterday to start pressing on the key support 75.25, and as we mentioned in our recent reports, breaking this level is required to confirm extending the bearish wave on the intraday basis, as our next targets located at 69.43 followed by 67.40.

 

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless the price rallied to breach 84.65 and hold above it.

 

The expected trading range for today is between 70.00 support and 84.65 resistance

The expected trend for today: Bearish

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