Ken Chigbo
Independent Analyst
- Litecoin price on Wednesday is one of the outperformers holding gains of over 6.5%.
- LTC/USD price action is showing strong signs of upside momentum, as it looks to reclaim $100 mark.
- Bulls are making good way push to escape a bearish technical set up.
Spot rate: 96.20
Relative change: +6.50%
High: 96.97
Low: 90.03
LTC/USD 60-minute chart
- A barrier of resistance can be seen heading into $100, tracking around $97-98 range.
LTC/USD daily chart
- LTC/USD taking decent strides towards an escape from a bearish pennant set up.
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