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  • Litecoin price is trading in the red, with losses of 2.75%   the session on Monday.
  • LTC/USD is back within the control of the bears after a decent three-week run higher.  
  • Critical support at the $60 price mark has been breached, which allowed a fresh wave of selling.


LTC/USD weekly chart

Price action via the weekly chart view broke out from a bearish flag pattern.  

LTC/USD daily chart

The price is testing a critical daily demand zone, $57-56 range.


Spot rate:                   57.63

Relative change:       -2.75%

High:                          59.32

Low:                           57.26