Can LTC Price Break Free Of Consolidation?

Litecoin has a market cap of $5.6 Billion and is ranked 18th in the crypto verse. It has seen a decline of 18% in volume in the last 24 hours. LTC price is currently trading near the value of $75 with a small drop in the intraday session.
Litecoin price is currently forming weak bearish candles on the daily chart. It is trading below the 50 and 100 EMA on the daily chart. The upside trend of the asset price can see a halt near the value of $85. Meanwhile, the asset price support can be near $70.
The RSI of LTC is near 47 with no slope in it. The overall sentiment of the RSI is consolidating in nature.
Trend Analysis

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