- Litecoin price is trading in the green in the session by some 0.60%.
- LTC/USD is attempting to break back above a breached bearish pennant structure.
- The next major support to the downside is eyed all the way down at $20.
LTC/USD daily chart
Earlier in the week, LTC/USD smashed before critical support at $40, now likely to prove as resistance.
LTC/USD 60-minute chart
Price action is moving within a near-term bearish flag structure via the 60-minute view.
Spot rate: 40.90
Relative change: +0.60%
High: 41.06
Low: 40.41