- Litecoin price on Monday is trading up with very minor negative territory, nursing losses of just some 0.40%.
- LTC/USD price action via the daily chart view has formed a bullish technical structure, pennant subject to a potential breakout higher.
- The bulls still have their sights on a retest of the big psychological $100 price territory.
Spot rate: 77.08
Relative change: -0.40%
LTC/USD 60-minute chart
- 60-minute chart view shows the price is consolidating currently, moving within a broadening wedge pattern.
LTC/USD daily chart
- LTC/USD is moving within the confinements of a bullish pennant pattern, subject to a breakout higher.