Litecoin 4 Hour Price Update

Updated June 21, 2020 01:36 AM GMT (09:36 PM EST)

Litecoin closed the previous 4 hours up 1.25% ($0.54); this denotes the 2nd candle in a row it has gone up. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!

Litecoin Daily Price Recap

The back and forth price flow continues for Litecoin, which started today off at 43.58 US dollars, up 1.73% ($0.74) from the day prior. The price move occurred on volume that was down 18.58% from the day prior, but up 23.48% from the same day the week before. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the day prior. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Litecoin crossed above 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. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 5 them.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From LTCFoundation:

    #Litecoin’s blockchain has had 146,796,072 Outputs over 9 yrs.~99% of all #LTC historical outputs have been monetary.Want to have your voice heard? Let your money talk for you.#PayWithLitecoin

  • From psalm867:

    @litecoin_bull @ROYALMRBADNEWS Candace Owens has been big for quite awhile. Most of us know that.

  • From One_worldpeace:

    @litecoin_bull @Gin_gerr @ROYALMRBADNEWS @Syl_Lac0898 This is a real tough pill to swallow in candace 😔😔 i cannot imagine her being bad fighting so hard for trump

In terms of news links for Litecoin here’s one to try:

How to Keep your Identity Safe While Transacting Litecoin – Crypto Press

Many cryptocurrency traders like their transactions to be anonymous for several reasons including legal issues and most importantly to maintain privacy for safe transactions….Both Tor and VPN can help safeguard the user’s identity by hiding their personal information as they make it possible to transact using a different IP address and geolocation….Some crypto wallets provide a way in which users can generate new addresses each time they intend to send or receive a cryptocurrency.  A Stealth address can be used by anyone who wishes to request funds from the public while keeping his account details including the balance private….While many cryptocurrencies such as bitcoin and Litecoin claim to be anonymous, it is possible to trace transactions to the inception in most of them.

(Excerpt) Read more Here | 2020-06-20 18:55:10
Image credit: source

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