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  • 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