Litecoin Price Analysis: LTC/USD vulnerabilities stack up underneath $40

• Litecoin price is trading in negative territory by-0.10 % in the session on Tuesday. 
• LTC/USD is consolidating, upside limited to $40, support noted at $37.
• The next explosive breakout will be critical for the incoming committed direction. 

LTC/USD daily chart

The price enjoyed a daily closure in the green in the session on Monday, however that makes no change from Litecoin moving within a bearish flag structure. 

LTC/USD 60-minute chart

Narrowing price action is observed via the 60-minute chart view, moving within a range-block subject to a breakout. 

Spot rate:               38.99

Relative change:  -0.15%

High:                      39.36    

Low:                       38.41