- Litecoin price is trading in the red, with losses of 0.85% the session on Friday.
- LTC/USD price action is moving within consolidation mode, having formed a pennant.
- The price is trading down at the lowest levels that have been seen since February.
LTC/USD weekly chart
Critical weekly should be noted at the range of $45-44 price range, failure to hold could invite another wave of selling.
LTC/USD daily chart
Price action via the daily is narrowing within a bearish pennant structure.
Spot rate: 44.50
Relative change: -2.25%
High: 45.61
Low: 44.19
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