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  • Litecoin price is trading in positive territory by 8.20% in the session on Wednesday. 
  • LTC/USD bulls are back in control following three sessions of cooling.
  • The price can see a very fast return back into $100 if momentum is maintained. 

LTC/USD daily chart

The next major barrier area for the bulls to break down is the $75-80 territory. 

LTC/USD 60-minute chart

Price action has extended to the upside, breaking out from a bullish flag structure, inviting fresh buying momentum. 

Spot rate:                73.27

Relative change:    +8.20%

High:                        73.44

Low:                         67.53