Litecoin 4 Hour Price Update

Updated June 20, 2020 07:18 AM GMT (03:18 AM EST)

Litecoin closed the last 4 hour candle up 0.12% ($0.05); this denotes the 2nd candle in a row an increase has occurred. On a relative basis, the last 4 hour candle were pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂

Litecoin Daily Price Recap

Litecoin is down 1.36% ($0.59) since yesterday, marking the 2nd day in a row a decline has happened. The change in price came along side change in volume that was up 13.75% from previous day, but down 33.87% from the Friday of last week. 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

Notably, Litecoin crossed below its 100 day moving average yesterday. 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. Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For additional context, note that price has gone down 9 out of the past 14 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 LTCFoundation:

    #Litecoin has a strong, vibrant community. Help us recognize those who contribute to the awareness, education and adoption of #ltc by posting their handles & accomplishments here.We’ll start: @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @I_Make_Lemonade @ecurrencyhodler

  • From I_Make_Lemonade:

    @LTCFoundation @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @ecurrencyhodler I just love this thread! So many great people in the #litecoinfam and room for everyone who is interested in learning more about Litecoin. Few more! @jmo061587 @jLTCcope @GetCoinz20 @BHSpeaks @realPoseidonLuu @boilingwatersph @Jean_LitePicard @PB_and_J_LITE

  • From I_Make_Lemonade:

    @LTCFoundation @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @ecurrencyhodler I’ve thought about several more friends in the LitecoinFam
    @ScottJones1025
    @l3l2ucelee @LesleyRHafalia and @TheNvsibleHand
    Always positive and upbeat when it comes to Litecoin 💪🏼🔥

(Excerpt) Read more Here | 2020-06-18 18:44:26
Image credit: source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.