Litecoin price trading in minor positive by some 1.5%, but continues to move within a narrow range. LTC/USD price action is moving within a narrowing range-block formation, which is subject to potential downside risks. The Litecoin price late on Thursday was trading in minor positive territory, up around 1.5%. Price action through the session has been somewhat muted, a hesitance to commit continues to be observed across the market. LTC/USD has been moving within a narrowing range-block formation, this has been observed since 24th February. Given this current price action, it appears the price is vulnerable to downside risks, shaping up to be somewhat of a bearish flag formation. Technically, with the mentioned pattern structure, there is room for another potential pop lower. The range low is observed at $43, with the high up at $47. An ascending trend line can be seen tracking at $45, a pick-up of momentum from the bears to breach noted areas of support, could see the price tumbling. LTC/USD 4-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Fed’s Kaplan: US growth in 2019 to slowdown amid waning fiscal stimulus, higher rates FX Street 4 years Litecoin price trading in minor positive by some 1.5%, but continues to move within a narrow range. LTC/USD price action is moving within a narrowing range-block formation, which is subject to potential downside risks. The Litecoin price late on Thursday was trading in minor positive territory, up around 1.5%. Price action through the session has been somewhat muted, a hesitance to commit continues to be observed across the market. LTC/USD has been moving within a narrowing range-block formation, this has been observed since 24th February. Given this current price action, it appears the price is vulnerable to downside risks,… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
