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  • Litecoin price is trading in positive territory by 5.55 % in the session on Friday. 
  • LTC/USD at present is edging towards another day in the green, which would mark the fifth.
  • The bulls have been smashing down the chunky supply that is seen within the early $40 price region.

 

LTC/USD weekly chart

Price action is running towards its fourth consecutive session in the green, as the recovery picks up pace. 

LTC/USD daily chart

The bulls receive a big boost as the price makes a firm push above the strong supply area at $40. 

 

Spot rate:               42.68

Relative change:  +5.50%

High:                      43.04

Low:                       40.37