Litecoin Price Analysis: LTC/USD vulnerabilities stack up underneath $40
|- Litecoin price is trading in negative territory by-0.10 % in the session on Tuesday.
- LTC/USD is consolidating, upside limited to $40, support noted at $37.
- The next explosive breakout will be critical for the incoming committed direction.
LTC/USD daily chart
The price enjoyed a daily closure in the green in the session on Monday, however that makes no change from Litecoin moving within a bearish flag structure.
LTC/USD 60-minute chart
Narrowing price action is observed via the 60-minute chart view, moving within a range-block subject to a breakout.
Spot rate: 38.99
Relative change: -0.15%
High: 39.36
Low: 38.41
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.