Litecoin 4 Hour Price Update

Updated July 18, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin came into the current 4 hour candle down 0.07% ($0.03) from the open of the previous 4 hours, marking the 3rd candle in a row a decrease has occurred. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the previous 4 hours.

Litecoin Daily Price Recap

Litecoin is down 0.43% ($0.18) since yesterday, marking the 5th day in a row a decline has happened. This move happened on lower volume, as yesterday’s volume was down 56.16% from the day before — and down 25.51% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. Let’s take a look at the daily price chart of Litecoin.

Litecoin Technical Analysis

The first thing we should note is that the current price of Litecoin is sitting close to its 20, 50 and 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone down 7 them.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From lite_hause:

    Remember when Litecoin was in the low 20’s last year and a few months later, it was over 100?It’s only a matter of time before that volatility returns.

  • From AliciaLQVESGQD:

    @litecoin_bull @ROYALMRBADNEWS Since I saw the Wayfair alphabet kids I haven’t been able to sleep. It’s one thing to know, it’s quite another to see. I’m trying to be strong but I’m kinda losing it. Thank God for God!

  • From Crypto_keeper_J:

    @rickwinphilly @CoinFlipATM Its that easy, #ŁitecoinFam find all the Coinflip ATMS on The Litecoin App, adding and updating locations weekly. If you see one, post your video. This is great for adoption.

(Excerpt) Read more Here | 2020-07-17 18:36:00
Image credit: source

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