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Litecoin price resumes the decline – Analysis – 11-05-2018

Expected trading range for today is between 120.00 support and 166.00 resistance

Litecoin price trades negatively since yesterday to move way from 166.43 level, which supports the continuation of our bearish overview in the upcoming period, reminding you that our main target is located at 102.00.

Breaking 142.75 level will ease the mission of heading towards the above mentioned target, while holding below 166.43 represents the most important condition to continue the expected decline.

Expected trading range for today is between 120.00 support and 166.00 resistance

Expected trend for today: Bearish

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