Litecoin seems to be range bound

LTCUSDT

On April 26, Litecoin experienced a highly volatile day, with both bulls and bears attempting to seize control but ultimately failing.
Following such a large volatile day, a period of range contraction typically ensues for a few days. The fact that the moving averages are flat and the RSI is just below the midpoint suggests that the LTC/USDT pair could move sideways in the short term, oscillating between 85 and $96.

A breakout above 96 or below 85 would signal the start of the next trending move. If bears manage to push the price below 85, the pair may drop to $75. Conversely, if the bulls take control and drive the price above 96, it could open the door for a possible rally towards $106.

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