- Litecoin price is holding gains in the session some 2.90% towards the latter stages of the session
- LTC/USD is moving within a bearish pennant structure despite the gains seen in the session.
- Upside remains limited given a narrowing range, resistance observed at the pychological $60.
LTC/USD daily chart
Price action is moving within a bearish pennant structure via the daily chart view.
LTC/USD 60-minute chart
The price via the 60-minute view is trading within narrow conditions, a range-block formation can be observed.
Spot rate: 55.46
Relative change: -2.40%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.