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  • Litecoin price on Friday late in the session is trading down just some 1.5%.
  • LTC/USD price action is moving within a near-term bullish pennant structure, subject to a potential breakout.  
  • The bulls have been struggling in trying to firmly push above the psychological $100 mark.  

 

Spot rate:                  97.16

Relative change:       -1.50%

High:                          98.98

Low:                           96.03

 

LTC/USD 60-minute chart

  • Near-term price action moving within a bullish pennant structure

 

LTC/USD daily chart

  • The bulls managed to escape a bearish pennant, forcing a breakout on Thursday.