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Litecoin Price Analysis: LTC/USD daily evening star risk

  • Litecoin price is trading in negative territory by 1.20% in the session on Monday. 
  • LTC/USD bulls are set to give up a five session winning streak. 
  • The daily candlestick of the session on Sunday produced an evening star. 

LTC/USD weekly chart

The price is heading for its second consecutive week in the green, as the bulls take aim at $100. 

LTC/USD daily chart

Should the bears force a daily closure below the above-noted evening star formation, then a change in trend may likely be seen. 

Spot rate:                73.29

Relative change:    -0.20%

High:                        77.43

Low:                         72.43

 

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