Litecoin price presses on the support – Analysis - 17-10-2019

Economies.com
2019-10-17 04:54AM UTC

Litecoin price shows more bearish bias to start pressing on the key support 52.00, which hints the price head to turn to decline, expecting the extension of the bearish wave to reach 40.50.

 

Therefore, the bearish bias will be suggested for today unless breaching 55.80 level and holding above it.

 

The expected trading range for today is between 47.00 support and 55.00 resistance

The expected trend for today: Bearish

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