- Litecoin price is trading down some 5% into the second half of Thursday’s session.
- LTC/USD critical ascending trend line broken down via the daily, leaving the door open to further downside.
- Buyers are trying their best to defend the psychological $100 mark but remains vulnerable.
Spot rate: 11,750.00
Relative change: -3.35%
High: 108.28
Low: 95.08
LTC/USD 60-minute chart
- Bearish pennant via the 60-minute breached, price now moving within a bearish flag pattern.
LTC/USD daily chart
- A big daily ascending trend line of support broken down, $100 is subject to being given up.
Share
