Litecoin 4 Hour Price Update

Updated July 02, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin entered the current 4 hour candle at $41.88, up 0.58% ($0.24) from the last 4 hour candle. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.

Litecoin Daily Price Recap

Litecoin entered today at $41.8, up 1.48% ($0.61) from yesterday. The price move occurred on volume that was up 8.26% from the day prior, but down 40.47% 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 yesterday. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

Notably, Litecoin is now close to its 20 and 100 day averages, located at 43.11 and 43.63 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Litecoin’s price has gone down 17 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 BarrattSays:

    Thanks for the suggestions guys, it seems @changeangel_io is a top draw, how did I not know about this exchange before? Very easy to use, great exchange rate. My exchange is now done and my Digibyte out weigh my litecoin now. Thank you!

  • From LuchoPoletti:

    @CurrencyDesign @btccentermiami @CointelegraphZN @CoinFestUK @CoinJournal @xbtnews101 @MrSpinnyG @litecoin_bull Pay credit where it’s due 🔥 the notes are definitely a good vehicle to spread the #btc message.Maybe backs could explain concepts like Bitcoin’s sound money fundamentals so people see that although volatile & used for speculation, it’s also a superior long term SoV to fiat.

  • From researchthetrue:

    @shreena74052483 @litecoin_bull @ROYALMRBADNEWS I found , that it actually did my brain a rest just sitting.. inner peace.. no guilt to just sit as you are being forced too.. when have we ever been forced to chill out.. use it .

(Excerpt) Read more Here | 2020-07-01 18:53:43
Image credit: source

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