Ken Chigbo
Independent Analyst
- Litecoin price on Friday late in the session is trading down just some 1.5%.
- LTC/USD price action is moving within a near-term bullish pennant structure, subject to a potential breakout.
- The bulls have been struggling in trying to firmly push above the psychological $100 mark.
Spot rate: 97.16
Relative change: -1.50%
High: 98.98
Low: 96.03
LTC/USD 60-minute chart
- Near-term price action moving within a bullish pennant structure
LTC/USD daily chart
- The bulls managed to escape a bearish pennant, forcing a breakout on Thursday.
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