The (LTCUSD) price rose slightly in its intraday trading, supported by the emergence of the positive signals on the (RSI), in attempt to correct the main bearish trend amid its trading alongside a bias line on the short-term basis, noticing that the indicators have reached overbought levels, which suggest losing the bullish momentum, and its reached the resistance of its EMA50.

Therefore, our forecast suggests a decline in the (LTCUSD) price in its upcoming trading, if the resistance settles at $88.95, to target the critical support level at $81.40.

Todays forecast: Bearish