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  • Litecoin price is trading in negative territory by 2.25% in the session on Tuesday. 
  • LTC/USD has been cooling for three sessions now. 
  • There is much in the way of resistance in the early $70 price territory via the daily.  

 

LTC/USD daily chart

The price was stuck within a bearish market structure, where lower highs were being produced. The prior high area was seen at around $65, which the bulls have managed to produce a weekly closure above. 

LTC/USD 60-minute chart

Critical 60-minute support should be noted at $66, failure to hold could invite another wave of selling pressure. 

Spot rate:                69.85

Relative change:    -2.25%

High:                        68.89

Low:                         66.62