- Litecoin is trading in positive territory, holding gains of some 1.80% in the second half of Wednesday.
- LTC/USD remains vulnerable underneath the psychological $100 price mark.
- The bulls managed to smash out from a channel formation, which could also be perceived as a flag.
Spot rate: 91.98
Relative change: +1.60%
LTC/USD 60-minute chart
- Bulls broke out of a descending channel structure, which the price is retesting at the time of writing.
LTC/USD daily chart
- A chunky price barrier remains at the $100 mark, vulnerability for LTC below.