LTC

Litecoin price – Litecoin (LTC) Closes Prior Hour Up 1.48%; Heads Up For the 3rd Straight Day, Doji and Pin Bar Patterns Appearing on Chart

The Hourly View for LTC

Last Updated March 29, 2021, 02:046 GMT

Currently, LTC’s price is up $2.72 (1.48%) from the hour prior. LTC has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 200 hour moving average has been crossed, so that price is now turning above it. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Litecoin Daily price Recap

Litecoin came into today up 0.08% ($0.14) from the open of the day prior, marking the 3rd straight day an increase has occurred. As for how volume fared, yesterday’s volume was up 101.35% from the previous day (Saturday), and up 50.86% from Sunday of the week before. Out of the 7 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. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

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 up 8 out of the past 14 days. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From MASTERBTCLTC:

    Litecoin stock to flow cross asset model price is $3000Take Litecoin’s stock to flow & use the stock to flow cross asset model equation Litecoin’s stock to flow today is 25.12Market value = exp(12.7598) * 25.12^ 4.1167 = $202B202B / 67M litecoin = $3000 Litecoin

  • From DGB_LTC_J:

    @intocryptoverse Litecoin.. Its at All time low vs BTC with the best fundamentals it has ever had. Grayscale buying truckloads, PayPal supporting it. MWEB confidential transactions. Top 5 liquidity.NOT FINANCIAL ADVICE

  • From masterltcbtcbot:

    The current LTCBTC ratio is 0.00330381Litecoin is an oscillator to bitcoin & next peak cycle we expect the LTCBTC ratio to peak around .025At today’s bitcoin price we expect litecoin’s price to be: $555 at .010
    $833 at .015
    $1111 at .020
    $1389 at .025$3474 at .0625 max

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

Free-Litecoin.com Win free Litecoin every hour!

Read more: What Is Litecoin And How Does It Work?…If you want to buy Litecoin or you already have some Litecoin you have to
find some safe place where you will put your Litecoin….Most common option is putting your Litecoin into a
software wallet….But, you have more options on what you can do with your Litecoin….Newest way to storing your Litecoin, is to put
your Litecoin into a hardware wallet….Litecoin use Litecoin’s Scrypt.

Litecoin price – Litecoin (LTC) Closes Prior Hour Up 1.48%; Heads Up For the 3rd Straight Day, Doji and Pin Bar Patterns Appearing on Chart

Tags: Litecoin price

(Excerpt) Read more Here | 2021-03-28 21:55:20
Image credit: source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.