Litecoin Price Analysis: LTC/USD bulls have room to run higher following flag breakout
|- Litecoin price is trading in positive territory by 1% in the session on Tuesday.
- LTC/USD extends to the north, three straight days in the green, following flag breach.
- Supply can be observed around the $62-64 price range.
LTC/USD daily chart
Should the last week’s high area be broken down around $62, would likely encourage greater buying momentum.
LTC/USD 60-minute chart
Price action is cooling within a bullish flag structure, subject to a potential breakout north.
Spot rate: 58.66
Relative change: +0.30%
High: 61.44
Low: 58.10
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