Ken Chigbo
Independent Analyst
- Litecoin price is trading in positive territory by 13.50% in the session on Thursday.
- LTC/USD has been pushing higher more or less for the last five sessions.
- The bulls are making a break above the high of last week, which could be inviting for further buyers.
LTC/USD daily chart
The high print last week was seen at $63, a daily closure above would be likely see further buying momentum.
LTC/USD 60-minute chart
Price action is breaking out to the upside from a bullish flag structure via the 60-minute.
Spot rate: 59.73
Relative change: +13.50%
High: 68.81
Low: 58.15
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