- Litecoin price is trading in negative territory by 1.00% in the session on Friday.
- LTC/USD is cooling in the session following strong double-digit gains in the prior session.
- The bulls were able to force a breakout higher in avoiding a bearish double top set up.
LTC/USD daily chart
Critical daily support should be noted at $62, a successful retest would be inviting for further bull momentum.
LTC/USD 60-minute chart
A bullish flag structure can be observed via the 60-minute chart view, subject to a potential breakout higher.
Spot rate: 59.73
Relative change: -1.00%