- Litecoin price in the latter part of Friday’s session is trading within minor gains of some 0.9%.
- LTC/USD price action has broken down and retested a bullish flag pattern structure.
- The price has retested the above-noted pattern formation, leaving the door open for the bulls to capitalize.
Spot rate: 61.40
Relative change: +0.90%
High: 62.10
Low: 60.37
Trend: Bullish
LTC/USD 60-minute chart
- Decent buying continues to prop up the price around the $60 territory.
LTC/USD daily chart
- Price has broken out and retested a bullish pennant pattern structure, leaving the door open to further upside.
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