Ken Chigbo
Independent Analyst
- Litecoin price on Thursday is trading in positive territory by 0.80%.
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LTC/USD has found some daily support around the $70 mark, a breach could send the price down to $50.
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Price action via the daily chart view is moving within a bearish flag structure.
Spot rate: 73.71
Relative change: +0.80%
High: 74.64
Low: 71.00
LTC/USD daily chart
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Major daily support seen at $70 prevents the price from free-fall for now, next major support eyed at $50.
LTC/USD 60-minute chart
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Near-term price action moving has broken above a descending trend line, subject to a retest.
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