Ken Chigbo
Independent Analyst
- Litecoin price on Monday is holding big gains of over 10% in the latter part of the session.
- LTC/USD bulls extended to the upside, breaking out from a bullish flag structure.
- The price is now trading at the highest level seen since June 2018.
Spot rate: 126.78
Relative change: +10.70%
High: 129.42
Low: 112.68
LTC/USD 60-minute chart
- The 60-minute chart view has smashed out from a narrowing range-block formation.
LTC/USD daily chart
- Price action via the daily chart view has extended to the upside, breaking out from a flag formation.
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