- Litecoin price is trading in the red in the session by some 8.70%.
- LTC/USD sees a fresh bout of selling pressure as price breaks and retest bear flag.
- The price sees the biggest daily fall in around four weeks, as bears pile in.
LTC/USD daily chart
Price action was consolidating after a breach from bearish flag structure, the retest invited another bout of selling.
LTC/USD 60-minute chart
The price has breached out of an ascending wedge structure and additionally a pennant via the 60-minute chart.
Spot rate: 48.87
Relative change: -8.70%