Litecoin price presses negatively on the bearish channel’s support line that appears on the chart, to hint the price head to achieve more decline in the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that breaking 40.00 will extend the bearish wave to reach 33.30 as a next station, while breaching 43.50 might push the price to achieve gains that reach 50.00 initially before any new negative attempt.
Expected trading range for today is between 35.00 support and 45.00 resistance
Expected trend for today: Bearish