Litecoin 4 Hour Price Update
Updated September 15, 2020 11:19 PM GMT (07:19 PM EST)
Litecoin came into the current 4 hour candle down 0.86% ($0.42) from the open of the last 4 hour candle, marking the 3rd consecutive candle a decrease has occurred. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the last 4 hour candle.
Litecoin Daily Price Recap
49.1 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved up 1.97% ($0.95) from yesterday. The price move occurred on volume that was up 22.4% from the day prior, but down 11.43% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since yesterday in terms of percentage price change. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 100 and 200 day averages, located at 50.11 and 47.3 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For another vantage point, consider that Litecoin’s price has gone up 17 of the previous 30 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From BTC_JackSparrow:
“Why is your name no longer Litecoin Jack?!”Obviously because the entire crypto market took a 24% shit and exercising risk management is what keeps you alive to actually have money to trade for your next shotTranslation: I sold, duh
- From BoPolny:
Hey @johnkim77 @LTCFoundation relax… @Litecoin’s BIG UP TIME CYCLE is coming… but NOT just yet, it comes AFTER @realDonaldTrump WINS the November 3 US ELECTION, then watch for an EXCITING finish to year for @Litecoin!!! Keep up the great work.
- From __Bullish__:
We want to thank everyone for participating in the #Litecoin giveaway!I’ve sent a DM to the random chosen winner, so make sure to check your DM to see if you have won the 3.10 #LTC.If you haven’t won, then i wish you the best of luck in the next giveaway(s).
For a longer news piece related to LTC that’s been generating discussion, check out:
“One of the pioneers of online gaming taking the next step and developing the first true Litecoin game is great to see”, remarks Charlie Lee, the creator of Litecoin….“If running an MMORPG for more than 20 years has taught us anything, it’s this: It’s the players who make any online game work.