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  • Litecoin price on Monday is trading in the green with minor gains of around 0.80%.  
  • LTC/USD recently broke out of and retested a bullish flag structure, subject to further potential upside.  
  • Given the recent technical breakout, bulls are gunning for the next major target of $100.  

 

Spot rate:                  76.92

Relative change:       +0.80%

High:                          77.05

Low:                           72.29

 

LTC/USD 60-minute chart

  • The price took a decent bounce off a strong supporting ascending trend line seen via the 60-minute view.  

LTC/USD daily chart

  • The price has broken out and retested a bullish flag structure, leaving the door open for the bulls to further capitalize.