Litecoin (LTC) Closes Last Hour Up $0.22; Heads Down For the 2nd Consecutive Day

The Hourly View for LTC

Last Updated November 11, 2020, 02:036 GMT

At the moment, LTC’s price is up $0.22 (0.37%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. As for the trend on the hourly timeframe, we see the clearest trend on the 100 hour timeframe. 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 down 2.16% ($1.28) from the open of the previous day, marking the 2nd consecutive day it has gone down. This move happened on lower volume, as yesterday’s volume was down 8.35% from the day before — and down 41.32% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 6th for the day in terms of price change relative to the previous day. Let’s take a look at the daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 8 out of the past 14 days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From CanadaSpecialA1:

    @RCMPONT @FBI @ROYALMRBADNEWS @litecoin_bull @YRP I ADVISED YRP SUPERINTENDENT THEY ARE UNDER USA AUTHORITY AND TOLD THIS OFFICER INFORMATION SUCH AS
    USMCA 27.5ADVISED FORMER YRP CHIEF JULIAN FANTINO IS ON RESIGNATION DOT INFO AND MANY OF YRP CHIEFS FRIENDS ARE ON THAT LIST.NOT A COINCIDENCE.

  • From CanadaSpecialA1:

    UPDATE@RCMPONT @FBI @ROYALMRBADNEWS @litecoin_bull A @YRP SUPERINTENDENT HAS ADVISED ME TODAY I HAVE
    “ALREADY RECEIVED EVERYTHING”EVEN THOUGH A NEW FOI REQUEST WAS JUST DROPPED OFF.I HAVE NOW BEEN TOLD JASON FRASER WHO ALREADY COMMITTED CRIMINAL NEGLIGENCE AND …

  • From lite_hause:

    There’s a lot of noise all around us at the moment.Meanwhile, Litecoin is in process of becoming the most fungible and private coin in the top 10 of cryptocurrencies by market cap. -Sounder money ✔️
    -One month into #MWEB testnet ✔️ ⏰