- Litecoin price is trading in the green in the session by some 4.05%.
- LTC/USD is moving within a very narrowing pennant structure, edging towards a breakout.
- Price action is capped to the upside at $58 and supported the downside at $54.
LTC/USD daily chart
Price action is moving within a bearish pennant structure, heavily resistance observed at $57.
LTC/USD 60-minute chart
Heavy supply can be seen at the $57-58 price range via the 60-minute chart view.
Spot rate: 57.15
Relative change: +4.05%
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