- Litecoin price is trading in positive territory by 2.60% in the session on Friday.
- LTC/USD has smashed out of a narrowing triangular structure.
- The next major target area for the bulls will likely be the psychosocial $50 mark.
LTC/USD daily chart
The price is running at four consecutive sessions in the green, as the bulls regather momentum.
LTC/USD 60-minute chart
A bullish pennant breakout via the 60-minute view allowed for a fresh wave of buying pressure.
Spot rate: 40.18
Relative change: +2.60%
High: 43.92
Low: 38.11
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