- Litecoin price on Friday in the second part of the session is trading up just over 3%.
- LTC/USD price action is flirting with a vital daily ascending trend line of support.
- Near-term price structure demonstrates vulnerabilities to the downside for LTC.
Spot rate: 154.40
Relative change: +3.03%
High: 74.25
Low: 69.38
LTC/USD 60-minute chart
- Price action is moving within another bearish setup, pennant pattern, after breaching a bear flag earlier in the month.
LTC/USD daily chart
- LTC/USD flirting with a vital near-term ascending trend line of daily support, a breach could be catastrophic.