Litecoin 4 Hour Price Update
Updated August 25, 2020 01:35 AM GMT (09:35 PM EST)
62.29 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved up 0.05% ($0.03) from the previous 4 hours. 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 came into today up 2.58% ($1.56) from the open of the day prior, marking the 3rd straight day it has gone up. The price move occurred on volume that was up 21.63% from the day prior, but down 40.14% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the day in terms of price change relative to the day prior. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Coming into today the current price of Litecoin is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. 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 DaddyCool1991:
#Litecoin averaged $10 mln an hour being sent on it’s #blockchain over the past 24 hrs.That’s $240 mln in a 24 hr period.That has now become a new norm as a low, as now it takes 4 days or less to do $1 bln worth of #LTC trx’s. Just a few months ago it too 7-10 days. 💪👍💥
- From JJcycles:
Remember when we spoke about the Litecoin multi year down trendline?It broke above this trendline a little more than a week ago. We are still in the process of a retest of this trendline. Whenever this finishes we can expect price surging. Seems like we are close.$LTC
- From BTC_JackSparrow:
If you’re asking me “when litecoin” just sell your bags now because the sooner your patience runs out the sooner it can leave its station/rant over