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  • Litecoin price on Friday is trading in the green, up some 2.40%.  
  • LTC/USD price action is moving within consolidation mode, having formed a bearish pennant structure.  
  • A retest of the breached daily pennant structure, which the bears forced a way out of last week.  


Spot rate:                  75.20

Relative change:       +2.40%

High:                          76.03

Low:                           72.51

LTC/USD daily chart

  • Price action moving within a bearish pennant structure, subject to a breach.  

LTC/USD 60-minute chart

  •  Price action breaks out from a descending wedge structure, leaving door open to some buying momentum.