Litecoin 4 Hour Price Update

Updated September 06, 2020 01:35 AM GMT (09:35 PM EST)

The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 46.94 US dollars, up 0.56% ($0.26) since the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin Daily Price Recap

Litecoin entered today at $47.77, down 5.37% ($2.71) from yesterday. As for how volume fared, yesterday’s volume was up 23.04% from the previous day (Friday), and up 146.44% from Saturday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd 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 and 200 day moving averages 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 up 15 of the previous 30 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From NomiChef:

    People asked if I exited scam. I did not. I am still here. I will continue to participate in the discussion. I will help with the technical part. I will help ensure we have a successful migration.@SatoshiLite did that and Litecoin had no problem surviving.

  • From TheBenDynamics:

    @NomiChef @SatoshiLite Nothing comparable with what Lee did for litecoin after 10 years aha
    You did the most beautiful exit scam of 2020 for now !

  • From IrishGirlCrypt1:

    I’ll give someone $100 #Litecoin in 72 hours who retweets this. Must follow @johnkim77 & @BitcoinBF

(Excerpt) Read more Here | 2020-09-05 18:36:00
Image credit: source


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