The Hourly View for LTC
Last Updated April 14, 2021, 02:047 GMT
Currently, LTC’s price is down $-1.24 (-0.45%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Litecoin Daily Price Recap
The back and forth price flow continues for Litecoin, which started today off at 267.34 US dollars, up 9.32% ($22.8) from the day prior. The change in price came along side change in volume that was up 48.31% from previous day, but down 32.13% from the Tuesday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 5th since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone up 9 of the previous 14 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From SonofMuchacha:
@MrOdanz @funanyachukwu I bought $51 worth of Tat last July instead of buying Litecoin @$48, Since TAT was invented by a Nigerian, now that coin is worth $5.7, meanwhile 1 Litecoin is now worth $250. Sometimes I want to find a reason to hate everything Nigerian.
- From rektcapital:
$LTC rejected from $262 only a few days agoAnd the reason that #LTC is right back at $262 today is because this resistance is unable to properly stop the uptrendWeak resistances are meant to be broken#Litecoin
- From ultimateviet:
Your LTC bags better be packed. BTC about to do it’s thang but LTC will explode much more and we will finally reach its ATH soon. You’ve had plenty of time to stack up on this gem. No more fucking around son!