Litecoin Price Analysis: LTC/USD bulls making a trend defining break above last week’s high area

• Litecoin price is trading in positive territory by 13.50% in the session on Thursday. 
• LTC/USD has been pushing higher more or less for the last five sessions. 
• The bulls are making a break above the high of last week, which could be inviting for further buyers. 

LTC/USD daily chart

The high print last week was seen at $63, a daily closure above would be likely see further buying momentum.

LTC/USD 60-minute chart

Price action is breaking out to the upside from a bullish flag structure via the 60-minute. 

Spot rate:                 59.73

Relative change:    +13.50%

High:                        68.81

Low:                         58.15