Ken Chigbo
Independent Analyst
- Litecoin price is one of the outperformers in comparison to the rest of the market, trading in minor positive of 0.30%.
- LTC/USD range-breakouts are eyed, penannt structure eyed via the 60-minute.
- A surge of upside momentum seen in the latter part of trading on Tuesday, after a range-bound session.
Spot rate: 133.52
Relative change: +3.55%
High: 398.04
Low: 378.85
LTC/USD 60-minute chart
- Bulls smash out from a bullish penannt structure seen via the 60-minute chart view.
LTC/USD weekly chart
- Next major demand zone is eyed up around the $170-180 price range, last traded up here in May 2018.
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