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Litecoin Price Analysis: LTC/USD explosive breakout eyed
Litecoin price is trading in negative territory by 3.10% in the session on Wednesday. • LTC/USD bulls giving up ground after two straight days in the green. • A critical range breakout is nearing, but the price could still very much go either way. LTC/USD daily chart A bearish flag structure is viewable via the daily chart, which if capitalized on by the bears, will spark another round of selling. image LTC/USD 60-minute chart Price action via the 60-minute chart view has breached a near-term critical trend line of support. It can now be seen consolidating within a bearish flag structure, at risk of breach ... (full story)