Litecoin Closed Yesterday Down -0.18%

The Daily View for Litecoin

  • At the time of this writing, LTC’s price is down $-0.32 (-0.18%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • The moving averages on the daily 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’s hourly price chart is shown below.

LTC

The Daily View for Litecoin

  • At the moment, LTC’s price is down $-0.32 (-0.18%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 100 day timeframe.
  • Of note is that the 50 day changed directions on LTC; it is now pointing up. The moving averages on the daily 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.

Below is a daily price chart of Litecoin.

LTC

The Latest From LTC’s Blockchain

  • LTC has a daily transaction count of 139580, up 2.66% from its value day prior.
  • Over the past 29 weeks, LTC’s number of daily new addresses has been in a clear uptrend, growing by about 559.05 per day.
  • LTC’s daily large transaction count now stands at 1873.

Featured Litecoin Idea From TradingView

Below is a trading comment entitled LTC has a big potencial you may find interesting:

watch for litecoin when it brakes out from triangle. Big move is commingTAP ON LIKE BUTTON

ribi