Litecoin price tests the support – Analysis - 11-07-2018

Litecoin price tests the sideways range’s support line that dominates the recent trades as appears on the chart, and the price still below the main bearish trend lien that appears on the chart, to keep the bearish trend active for the upcoming period, waiting to target 70.00 followed by 60.00 levels as next main stations.

On the other hand, we should note that breaching 91.75 will stop the expected decline and push the price to test 102.00 level before any new negative attempt.

Expected trading range for today is between 65.00 support and 90.00 resistance

Expected trend for today: Bearish