Litecoin 4 Hour Price Update

Updated June 23, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin is up 0.09% ($0.04) since the previous 4 hours, marking the 6th candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.

Litecoin Daily Price Recap

44.33 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved up 3.12% ($1.34) from yesterday. The price move occurred on volume that was up 176.97% from the day prior, but down 29.56% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to yesterday. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

First things first: Litecoin crossed above its 100 day moving average yesterday. 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 down 16 of the previous 30 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:

  • From PsychedelicBart:

    @TheRealXinxi Litecoin was created for Charlie to pump and dump on his followers. It doesn’t serve any other purpose.

  • From MyLegacyKit:

    @devilninja777 Maybe not to you, but to me it does. For the same reason that not everyone on earth is driving a Toyota, the best & most economical car in the world.There are definitely shitcoins like BSV that deserve no place here, but Litecoin does. I like Litecoin.

  • From lite_hause:

    Everyone is on board until they’re not. I could’ve sworn I used to see a bunch of people shilling Nano on twitter. Where’d they all go?Every new crypto is “breaking boundaries” and providing the “fastest transactions”, but can they persist as long as Bitcoin and Litecoin have?

(Excerpt) Read more Here | 2020-06-22 18:57:20
Image credit: source

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