Ken Chigbo
Independent Analyst
- Litecoin price Monday is trading with gains of around 4.0% in the latter stages of the session.
- LTC/USD has been running higher since the bullish flag breakout which triggered on April 30.
- The bulls are attempting to break down the $100 price area, which remains somewhat stubborn.
Spot rate: 89.03
Relative change: +3.95%
High: 92.84
Low: 84.30
LTC/USD 60-minute chart
- Price action via the 60-minute chart is moving within a bullish flag pattern formation, subject to an extended move to the upside.
LTC/USD daily chart
- A chunky barrier of supply can be observed heading into the $100 price territory.
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