Litecoin price managed to break 84.60 strongly to open the way to head towards our main waited target at 70.00, reinforcing the expectations of continuing the bearish trend in the upcoming period, supported by the EMA50 that presses negatively on the price, noting that breaching 84.60 will stop the expected decline and push the price to test 99.20 areas initially before any new attempt to decline.
The expected trading range for today is between 70.00 support and 84.60 resistance
The expected trend for today: Bearish