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  • Litecoin price is trading in minor negative territory by some 0.50% in the session on Monday.  
  • LTC/USD is running with three consecutive sessions in the green, as the bulls push for a recovery.  
  • The next major area of interest will likely be towards the psychological $50 mark.  

LTC/USD daily chart

The bulls managed to push the price back above a critical near-term descending trend line. Given the current pressure tilting back to the south, eyes on the retest.  

LTC/USD 60-minute chart

Market bears breached a critical near-term ascending trend line of support, allowing for some fresh selling to be seen.  

 

Spot rate:                   42.16

Relative change:       -2.50%

High:                           44.05

Low:                            41.98