Litecoin price on Monday was nursing losses of 1.5% in the latter stages of the session. LTC/USD price action has formed a bullish pennant pattern, like a number of its peers, within this current consolidation mode. Cooling in the price observed, after the decent run higher on Sunday. Bulls will be looking to capitalize after small pullback. LTC/USD 60-minute chart Spot rate: 53.46 Relative change: -1.45% High: 56.068 Low: 50.634 Trend: Bearish Resistance 1: 53.702, upper part of pennant. Resistance 2: 54.861, 11 November high. Resistance 3: 55.500, supply area. Support 1: 53.064, lower part of pennant. Support 2: 52.758, 50MA. Support 3: 51.811, 2 November high & 100MA. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/GBP: consolidates Brexit related bearish gap, 0.8720 is key FX Street 4 years Litecoin price on Monday was nursing losses of 1.5% in the latter stages of the session. LTC/USD price action has formed a bullish pennant pattern, like a number of its peers, within this current consolidation mode. Cooling in the price observed, after the decent run higher on Sunday. Bulls will be looking to capitalize after small pullback. LTC/USD 60-minute chart Spot rate: 53.46 Relative change: -1.45% High: 56.068… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.