LTC/USD continued trading in the narrow range seen from the past several days. It is currently trading at 4.05 levels, holding its ground above 4.00 mark.

Ichimoku analysis of daily chart:

Tenkan Sen: 4.10

Kijun Sen: 4.17

Trend reversal: 4.12 (90 EMA)

On the upside, resistance is seen at 4.21 (55 day EMA) and a consistent break above would take the pair to 4.48 (50% retracement of 5.65 and 3.311)/4.75. On the flipside, support is likely to be found at 3.81 (Jul 7 low) and a break below would target 3.67 (200 day MA)/3.311 (Jun 23 low).