Litecoin (LTC) Closes Prior Hour Up 0.23%; Heads Up For the 2nd Consecutive Day, in a Downtrend Over Past 14 Days

The Hourly View for LTC

Last Updated July 23, 2021, 04:016 GMT

At the moment, Litecoin’s price is up $0.28 (0.23%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 50 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 up 2.67% ($3.14) from the open of the previous day, marking the 2nd consecutive day an increase has occurred. This move happened on lower volume, as yesterday’s volume was down 42.03% from the day before — and down 19.59% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous day in terms of percentage price change. Below is a daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone down 10 them.

Overheard on Twitter

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

  • From hex_price:

    Early 2020 my bags like #ADA #EOS #Litecoin were at -50% loss.
    I was scared to sell in red to buy $HEX, but I did.
    In retrospect one of the best decision in my life.

  • From HODL_Til_Lambo:

    @look2leap4 @DrDoubloon @SimplyCrypto4 @Michael29011011 @HarborTeaParty @Chuy338 @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @Ghostbatman117 @SteveNi96234828 @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @AMBASSADORTOUSA @MsiJeremy @Pin86939060 @TheWiseCrow1 @jenifang @WeTheDoge1 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @ImTravisG @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @HonestlyDoge @aaronjwithers @BeefSupreme1776 @TheOnlyPghTrish @calic415 @GIGACHAD2021 @iBeaQueen @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @BITMAINtech @litecoin Dr. Doubloon these videos truly make my day brother! BOOM TO THE MOON! πŸ˜‚πŸΆπŸŒ™

  • From LitecoinForever:

    @BustaRhymes @jack @elonmusk @CathieDWood Litecoin is the right coin. Again here’s why you need to accumulate Litecoin
    – MWEB (fungibility & privacy)
    – High liquidity
    – On every exchange
    – Secure & safe to use
    – Low TX fees
    – Fast confirmations
    – 100% uptime
    – Decentralized
    – Global adoption
    – Store of value
    $LTC πŸ’ŽπŸ™Œ