Litecoin technical analysis: LTC/USD bears have tested critical support in the session
|- Litecoin price on Thursday is trading in negative territory by 0.18% in the second half of the session.
- LTC/USD price action is stuck within the confinements of a bearish flag formation.
- The bears in the session have tested the lower acting trend line of the above-noted structure but holding for now.
Spot rate: 69.27
Relative change: +3.70%
High: 70.08
Low: 68.41
LTC/USD daily chart
- The price via the daily chart view is moving within a bearish flag formation, subject to a potential brekaout south.
LTC/USD 60-minute chart
- Price action is being supported by a near-term ascending trend line, tracking at the $68 mark.
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