- Litecoin price on Monday is trading in negative territory by 0.15% in the second half of the session.
- LTC/USD price action is moving within a very narrow range, capped by the $70 region.
- The price has formed a bearish technical structure via the daily, flag pattern, subject to a breach.
Spot rate: 70.11
Relative change: -0.15%
LTC/USD daily chart
- Price action via the daily chart view is trading within a bearish flag pattern, vulnerabilities are tilted to the downside.
LTC/USD 60-minute chart
- LTC/USD via the near-term view breached an ascending trend line of support, a retest appears to be in play, a rejection could invite another wave of selling pressure.