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Litecoin Price Analysis: LTC/USD making critical push above Tuesday’s daily closure

  • Litecoin price is trading in positive territory by some 3.50% in the session on Friday. 
  • LTC/USD bulls are back in control following the brief pause from upside momentum seen on Tuesday. 

  • Back to testing the psychological round $60 mark, a closure here would be inviting for further bulls. 

LTC/USD weekly chart

Bulls are running towards their fourth consecutive week in the green, solidifying a recovery for Litecoin. 

LTC/USD daily chart

The price has seen an exponential advance through the $50 mark, eyes are now on $60, which could provide another wave of momentum to the upside. 

Spot rate:                59.71         

Relative change:    -3.25%

High:                        60.55

Low:                         56.71

 

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