Ken Chigbo
Independent Analyst
- Litecoin price on Monday is trading in the green with minor gains of around 0.80%.
- LTC/USD recently broke out of and retested a bullish flag structure, subject to further potential upside.
- Given the recent technical breakout, bulls are gunning for the next major target of $100.
Spot rate: 76.92
Relative change: +0.80%
High: 77.05
Low: 72.29
LTC/USD 60-minute chart
- The price took a decent bounce off a strong supporting ascending trend line seen via the 60-minute view.
LTC/USD daily chart
- The price has broken out and retested a bullish flag structure, leaving the door open for the bulls to further capitalize.
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