Litecoin 4 Hour Price Update

Updated August 30, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin came into the current 4 hour candle down 0.59% ($0.34) from the open of the previous 4 hours, marking the 2nd candle in a row a decline has happened. 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 entered today at $57.01, down 0.71% ($0.41) from yesterday. This move happened on lower volume, as yesterday’s volume was down 21.8% from the day before — and down 73.86% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20 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 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 5 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From HamelAnnemarie:

    @litecoin_bull @ROYALMRBADNEWS Yes sir !!! Surveillance/ intel gathering is amazing … the talent , skill and dedication to their country and her safety is honoring .. guarding our Constitution and her dignity Prayers for our warriors 💜🚼🚺✝️

  • From CechCoty:

    @WeissCrypto That’s cool, I would say as well a lot of folks are excited to see interoperability between #Cardano and #Litecoin, and you don’t have to worry about passing gas lol

  • From masterltcbtcbot:

    The current LTCBTC ratio is 0.00497109Litecoin is an oscillator to bitcoin & next peak cycle we expect the LTCBTC ratio to peak around .025At today’s bitcoin price we expect litecoin’s price to be: $114 at .010
    $172 at .015
    $229 at .020
    $287 at .025$717 at .0625 max

(Excerpt) Read more Here | 2020-08-29 18:36:00
Image credit: source


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