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  • Litecoin price is trading in negative territory by 2.80% in the session on Wednesday. 
  • LTC/USD bears are running at two consecutive sessions in the red.  
  • The price is testing critical support which should be noted at $68. 

LTC/USD daily chart

The price has not traded below the noted support since 30 January. Should LTC find itself breaching this, it could invite a fresh wave of selling. 

LTC/USD 60-minute chart

The price extended to the downside out from a bearish pennant structure. 

 

Spot rate:                73.76

Relative change:    -2.90%

High:                        72.34

Low:                         67.85

 

 

Expert score

5

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