LTC

Litecoin 4 Hour Price Update

Updated September 08, 2020 01:36 AM GMT (09:36 PM EST)

Litecoin entered the current 4 hour candle at $48.84, up 2.41% ($1.15) 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 closed yesterday up 1.92% ($0.92); this denotes the 2nd day in a row an upward move has occurred. The price move occurred on volume that was up 23.15% from the day prior, but down 24% from the same day the week before. Litecoin outperformed all 5 assets in the Top Cryptos asset class since yesterday. Let’s take a look at the daily price chart of Litecoin.

Litecoin Technical Analysis

First things first: Litecoin crossed above its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard on Twitter

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

  • From CryptoGulp:

    Top 10 Cryptocurrencies prices during the past 24 hoursStar 🌟 of the day was Chainlink $LINK, reaching a price of $12.55; an increase of 6.22% in 24 hours onlyLitecoin $LTC was the biggest loser, it has dropped to $47.21, representing a loss of -2.54%

  • From HamelAnnemarie:

    @litecoin_bull And his putrid beady eyed face looked guilty AND sort of uncomfortable / shifty … kinda looked high to me … medicated to take edge off 😡😡😡😡😡😡😡RITUAL KITE HIT STEEL PLANE MUST 🤯🤯🤯😡😡😡😡😡

  • From DuaneAustinK:

    @litecoin_bull Trump did say if he’s elected we’ll find out who really took down the twin towers. All things in good time. Its a monolithic and ruthless conspiracy we’re up against, it was decades or even centuries in the building, dismantling it will take time.

As for a news story related to Litecoin getting some buzz:

New Litecoin update shows MimbleWimble is on track | CryptoSlate

As reported by CryptoSlate earlier this week, data from on-chain analytics firm Arcane Research showed Litecoin briefly traded at a 1,200% premium on Grayscale’s newly launched Litecoin trust….None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article….None of the information you read on CryptoSlate should be taken as investment advice….© 2020 CryptoSlate.

(Excerpt) Read more Here | 2020-09-07 18:36:00
Image credit: source

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