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  • Litecoin price on Thursday is trading with modest gains of 1% in the latter part of the session.
  • LTC/USD looking to stage a rebound after receiving some buying interest in a known area to find buyers, $72-75 price range.  
  • A potential bullish flag structure can be eyed via the daily chart view.  

 

Spot rate:                   73.92

Relative change:       -1.32%

High:                          74.61

Low:                           72.21

LTC/USD 60-minute chart

  • A near-term bearish pennant/flag is eyed via the 60-minute somewhat contradictory of the daily.  

LTC/USD daily chart

  • Price action moving within a bullish flag pattern structure, subject to a breakout.