Litecoin technical analysis: LTC/USD bulls fail to breakdown game-changing barrier at $80
|- Litecoin price on Thursday is trading in negative territory by 4.10% in the second half of the session.
- LTC/USD bulls took a large set up after failing to break down supply heading into $80.
- If the bulls were to have another attempt at trying to breakdown $80, it could open the door for a $100 price return.
Spot rate: 74.53
Relative change: +4.55%
High: 77.79
Low: 72.67
LTC/USD daily chart
- Price action via the daily chart view is being capped to the upside by supply heading into the $80 price territory.
LTC/USD 15-minute chart
- Near-term price action has broken out from a bearish flag structure, subject to a retest.
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