LTC/USD is holding its strength above 3.75 levels and currently trades at 3.80 levels at the time of writing (Kraken).

Short-term trend: Bearish

Ichimoku analysis of daily chart:

Tenkan Sen: 3.84

Kijun Sen: 3.83

Trend reversal: 3.88 (90 EMA)

On the topside, the pair will run into resistance at 3.88 (90 EMA) and a break above would target 3.93 (October 14 high)/ 3.97 (200-day MA).

On the flipside, support is seen at 3.75 levels (113% retracement of 3.77 and 3.93 )and a break below would weaken it to 3.67 levels/3.50.