Ken Chigbo
Independent Analyst
- 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
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