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  • Litecoin price on Thursday is trading in negative territory, nursing losses of around 2%.  
  • LTC/USD has broken out and retested a triangular structure, as bears maintain control at present.  
  • Next major demand zone for comfort eyed down at $70-65 price range.  

 

Spot rate:                   0.2986

Relative change:       -1.70%

High:                          76.57

Low:                           73.33

LTC/USD 60-minute chart

  • LTC/USD via the 60-minute breached and has retested a triangular structure formation to the downside.

 

LTC/USD daily chart

  • Price action via the daily has been falling for the past seven consecutive sessions.