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Litecoin Technical Analysis: LTC/USD remains at risk of losing the entire run of gains

  • Litecoin price on Tuesday is trading in negative territory down some 2.15% in the latter part of the day.
  • LTC/USD continues to drift further away from the psychological  $100 mark.  
  • The price remains somewhat vulnerable to potentially giving back the recent run of gains.

 

Spot rate:                   87.46

Relative change:       -2.15%

High:                          89.80

Low:                           84.02

 

LTC/USD 60-minute chart

  • Price action is moving within consolidation mode, the confinements of a triangular structure pattern.  

LTC/USD daily chart

  • Bulls ran out of upside momentum after attempting to reclaim the $100 price mark.  

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