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  • Litecoin price is trading in the red in the session by some 0.25%.  
  • LTC/USD remains very much vulnerable to downside risks as it sits below the breached bear flag.  
  • The price is being capped underneath a broken down bearish flag formation.  


LTC/USD daily chart

Price action is consolidating after a breach from bearish flag structure, subject to further potential moves south.  

LTC/USD 60-minute chart

Near-term price action is moving within an ascending wedge structure via the hourly.  


Spot rate:                   54.52

Relative change:       -1.10%

High:                          55.16

Low:                           54.16