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  • Litecoin price is trading in negative territory by -1.45% in the session on Tuesday. 
  • LTC/USD is moving within a narrowing nature, with a breakout looming 
  • The current critical range should be noted at a high of $62 down to $56. 

 

LTC/USD daily chart

The price remains vulnerable to further downside pressure underneath the breached trend line of support. Should the bulls manage to break free from the noted narrowing range, then a decent move high and retest of the breached trend line will be eyed. 

LTC/USD 60-minute chart

Price action is moving within the confinement of a bullish flag structure, subject to a potential breach. 

 

Spot rate:                60.67

Relative change:    -1.45%

High:                        62.46 

Low:                         59.80