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  • Litecoin price is trading in positive territory by some 4.10% in the session on Monday. 
  • LTC/USD is running towards is a fourth consecutive day in the green. 
  • Next major area of interest likely to be the psychological $50 price mark for the bulls. 

LTC/USD daily chart

Price action via the daily is extending to the upside, following a descending channel breakout and retest. 

LTC/USD 60-minute chart

Bulls are trying to breakdown a chunky barrier at the $45.20 mark, 60-minute resistance, for a further wave of buying pressure. 

 

Spot rate:                 44.94

Relative change:      +4.10%

High:                          45.27

Low:                           43.14