Litecoin 4 Hour Price Update
Updated August 28, 2020 01:35 AM GMT (09:35 PM EST)
Litecoin’s 3 four-hour candle negative streak has officially concluded, as the candle from the previous 4 hours closed up 0.81% ($0.45). Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin is down 3.48% ($2.02) since the day prior, marking the 3rd day in a row a decline has happened. The change in price came along side change in volume that was up 53.2% from previous day, but down 53.35% from the Thursday of last week. 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 the day prior. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Coming into today Litecoin is now close to its 50 day moving averages, which may act as price barrier for the asset. 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 17 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From DaddyCool1991:
#Litecoin’s on-chain volume over the past 24 hours was 7,448,039 #LTC That is an avg of 310,334.96 LTC per hour
…5,172.25 LTC per minute
…86.20 LTC every secondWhich means by the time you’ve read this tweet, between 860-1,000 LTC (up to $58,000) will have been sent.
- From SueWisco:
@litecoin_bull @ROYALMRBADNEWS @slh2813 @MrAndyNgo I knew 2020 would be a shit show….. All tactics engaged …but damnit ….
And the shocking part is that ppl are still asleep……
- From GreyEyedJewel:
@litecoin_bull @ROYALMRBADNEWS @Sk81024210 @MrAndyNgo Judges are ALWAYS right and it feels darn good to be able to trust an account that keeps the people informed!!!Love and gratitude!!!