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  • Litecoin price is nursing losses in the session some 3.15% towards the latter stages of the session.
  • LTC/USD is moving within a bearish flag structure via the daily chart view.
  • Price action has largely narrowed and is subject to an imminent  breakout.  

 

LTC/USD daily chart

Over the last nine sessions, the price has been stuck within a range of $4.  

LTC/USD 60-minute chart

The price via the 60-minute view is being supported by an ascending trend line.  

Spot rate:                   55.79

Relative change:       -3.15%

High:                          56.66

Low:                           53.77