- 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
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