Litecoin 4 Hour Price Update
Updated September 16, 2020 11:19 PM GMT (07:19 PM EST)
48.23 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved up 0.19% ($0.09) from the previous 4 hours. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.
Litecoin Daily Price Recap
48.32 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which price moved down 1.59% ($0.78) from the previous day. This move happened on lower volume, as yesterday’s volume was down 15.24% from the day before — and down 18.15% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to the previous day. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Coming into today Litecoin is now close to its 100 and 200 day moving averages, which may act as price barrier for the asset. Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. 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 additional context, note that price has gone up 8 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- 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 l3l2ucelee:
The people that are holding and accumulating Litecoin are putting the work in to reap the benefits. P.S. If you don’t believe Litecoin is going anywhere, this post is not asking for your opinion and you’re probably already in my Fud Folder anyway. 😂
- 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.