The Hourly View for LTC
Last Updated July 28, 2021, 02:048 GMT
At the time of this writing, LTC’s price is up $0.39 (0.29%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as LTC has now gone up 9 of the past 10 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Litecoin Daily Price Recap
Litecoin came into today up 2.67% ($3.51) from the open of the day prior, marking the 7th straight day it has gone up. The price move occurred on volume that was down 40.45% from the day prior, but up 8.97% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 5th since the day prior in terms of percentage price change. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 50 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. For additional context, note that price has gone up 7 out of the past 14 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From LitecoinGaming:
Tomorrow we will begin announcing our Streamers & Content creators individually!We are looking forward to presenting our talented roster to you! #GameWithLitecoin #Litecoin #LTC $LTC @LTCFoundation @litecoin
- From HODL_Til_Lambo:
@DrDoubloon @Chuy338 @Michael29011011 @HarborTeaParty @SimplyCrypto4 @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @Ghostbatman117 @SteveNi96234828 @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @AMBASSADORTOUSA @MsiJeremy @Pin86939060 @TheWiseCrow1 @jenifang @WeTheDoge1 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @ImTravisG @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @HonestlyDoge @aaronjwithers @BeefSupreme1776 @TheOnlyPghTrish @calic415 @GIGACHAD2021 @iBeaQueen @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @BITMAINtech @litecoin @DrDoubloon can we get a video tonight with the chicken? Boom to the Moon! #dogecoin
- From MASTERBTCLTC:
As an investor the current price of litecoin is an opportunity. Litecoin has the most upside potential going into the next leg of the bull market. My portfolio remains 100% litecoin.