Litecoin Technical Analysis: LTC/USD bears failed to go in for the kill
|- Litecoin price into the second half of the session on Friday was holding decent gains of some 1.60%.
- LTC/USD bulls to extend run higher after a strong breakout to the upside from a range-block formation.
- Chunky sellers continue to be a problem for LTC progression within the $60 region.
Spot rate: 59.77
Relative change: +1.60%
High: 59.78
Low: 59.55
Trend: Bullish
LTC/USD 60-minute chart
- The bulls are attempting again to breakdown the supply within the early $60 price region.
LTC/USD daily chart
- Bullish flag pattern is still eyed via the daily time frame, subject to a breakout to the north.
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