fxs_header_sponsor_anchor

Litecoin Price Analysis: LTC/USD bulls are constructing a flag formation

  • Litecoin price is trading in negative territory by 0.45 % in the session on Tuesday. 
  • LTC/USD is a small step away from an explosive move north, barrier at $45. 
  • A return back into the $50 territory could quickly be seen and restoring buyer faith.

 

LTC/USD daily chart

The construction of a bull flag is viewable via the daily chart view, subject to a breakout. 

LTC/USD 60-minute chart

Price action is swinging within a tight range, $43 to the downside, $45 to the upside. 


 

Spot rate:               43.41

Relative change:  -0.45%

High:                      44.92

Low:                       43.49

 

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.