Litecoin 4 Hour Price Update

Updated September 12, 2020 07:18 PM GMT (03:18 PM EST)

Litecoin is up 4.13% ($2.02) since the previous 4 hours, marking the 2nd straight candle an upward move has occurred. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.

Litecoin Daily Price Recap

Litecoin is up 0.57% ($0.28) since the previous day, marking the 3rd consecutive day it has gone up. This move happened on lower volume, as yesterday’s volume was down 9.89% from the day before — and down 52.63% 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 the previous day. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

The first thing we should note is that Litecoin is now close to its 100 and 200 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 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone up 17 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

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

  • From Arthur_0x:

    Yet they are still trading at lower valuation than some of the ghost layer 1 chain like Litecoin, Cardano, Stella now, even lower when compare to their peak valuation of $10bn+.The top DeFi crypto will continue to go up and replace these dead layer 1 chain in top 10-20 crypto.

  • From mitchythekid28:

    @IamNomad i had a friend diligently putting money every week into litecoin all summer before the 20k run…the day 20k happens , he sells all of the litecoin into bitcoin at the top…then LTC hits 300 and he sells the bitcoin to get back into litecoin…

  • From montante_justin:

    @BoilingPointLLC Your a Dolphins fan right @BoilingPointLLC ? How about we bet on Sundays game against the Pat’s . If Pats win u send me that shirt shipping included to CA. And if the Dolphins win I just send you a Litecoin as to make it more fair for your bigger risk no spread straight bet

(Excerpt) Read more Here | 2020-09-10 18:36:00
Image credit: source


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