- Litecoin price on Wednesday trading up with gains of some 3.15% in the second half of the session, outperforming several of its peers.
- LTC/USD price action via the daily continues to move within a bullish pennant structure.
- Bulls managed to extend to the upside breaking out from a descending channel formation.
Spot rate: 0.3061
Relative change: +1.45%
LTC/USD 60-minute chart
- Big bull action sees price smash out to the upside from a descending channel formation.
LTC/USD daily chart
- Daily price action continues to move within a bullish pennant pattern formation.