Litecoin Price Analysis: LTC/USD can fly if its breaks down $77-78 area
|- Litecoin price is trading in positive territory by 0.05% in the session on Wednesday.
- LTC/USD bulls managed to snap a three-session run of losses.
- The price is struggling at breaking down resistance seen at $77.
LTC/USD daily chart
Price action has offered little in the last thirteen sessions, directionless trading.
LTC/USD 60-minute chart
The price can be seen moving within a bullish pennant structure, subject to a breakout higher.
Spot rate: 73.76
Relative change: +0.05%
High: 78.33
Low: 76.61
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