Litecoin technical analysis: LTC/USD may have to return to next major area of demand within $70 territory

• Litecoin price in the second half of Monday is trading marginally in the green, gains of 0.40%.
• LTC/USD given the current technical price behaviors, remains at risk of returning to $70 territory.    
• There is much in the way of resistance ahead of the psychological $100 mark.  

Spot rate:                  307.98

Relative change:       +0.40%

High:                          92.28

Low:                           87.37

LTC/USD 60-minute chart

• Near-term price action is moving within a bearish flag structure, subject to potential downside risks.

LTC/USD daily chart

• The next major areas of demand are observed within the mid to low $70 territory.