- Litecoin price is trading in positive territory by 7.50% in the session on Monday.
- LTC/USD has been pushing south for two consecutive weeks, with bears in control.
- The 2020 gains at risk of a reversal, which has been the case since the bearish evening star formation.
LTC/USD weekly chart
The next critical weekly support should be noted at the psychological $50 mark.
LTC/USD daily chart
Market bears have firmly been in control and picked up pace following a critical trend line breach.
Spot rate: 58.82
Relative change: +7.50%
Hgh: 62.27
Low: 57.27
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