- Litecoin price is trading in the green, with gains of 1.00% the session on Thursday.
- LTC/USD daily price action is subject to a big restest of a breached bearish flag structure.
- Chunky daily resistance can be observed at $52.50, where the lower trend line of the flag is tracking.
LTC/USD daily chart
The price is running at three consecutive sessions in the red, as the bears maintain control.
LTC/USD 60-minute chart
Price action is moving within a bearish flag pattern, subject to a potential breakout south.
Spot rate: 50.04
Relative change: +1.00%
High: 50.41
Low: 48.46
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