Litecoin technical analysis: LTC/USD sitting on critical weekly support at $42
|- Litecoin price is trading in the red in the session by some 0.50%.
- LTC/USD is having some trouble near-term finding a bottom, 25 November low eyed for support.
- The price is running towards its fourth consecutive session in the red.
LTC/USD weekly chart
The price is running towards its fifth consecutive week in the red, following a critical bearish flag breakout.
LTC/USD daily chart
There is a possibility of a double bottom if the price can catch support at the 25 November low, $42.
Spot rate: 43.69
Relative change: -1.20%
High: 44.07
Low: 42.84
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