Ken Chigbo
Independent Analyst
- Litecoin price is trading in negative territory, nursing losses of some 0.50% on Friday.
- LTC/USD price action is narrowing, subject to potential explosive breakouts.
- The price is moving within a bearish pennant via the daily, as seen with some of its peers.
Spot rate: 92.94
Relative change: -0.50%
High: 94.28
Low: 90.21
LTC/USD 60-minute chart
- Price action is narrowing within a triangular structure via the 60-minute view.
LTC/USD daily chart
- There are bearish pennant structure's seen across the market, cooking up further potential drops.
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