Litecoin (LTC) Down $0.58 Over Past 4 Hours, Entered Today Up 0.65%; Pin Bar Pattern Appearing on Chart

Litecoin 4 Hour Price Update

Updated May 09, 2020 11:17 PM GMT (07:17 PM EST)

Litecoin came into the current 4 hour candle down 1.21% ($0.58) from the open of the previous 4 hours, marking the 2nd candle in a row it has gone down. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.

Litecoin Daily Price Recap

Litecoin is up 0.65% ($0.31) since yesterday, marking the 2nd day in a row an upward move has occurred. The price move occurred on volume that was down 12.08% from the day prior, but up 57.33% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the day in terms of price change relative to yesterday. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone down 16 them. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

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

  • From FOMOBYDICK:

    Giving away 1 Litecoin $LTC on @BlockchainNote later on! If youre not already on the app head to your app store & search “Note Blockchain” The giveaway is exclusively for users of the platform so you have to interact with my giveaway post to be entered.
    #LitecoinFam

  • From DaddyCool1991:

    #Litecoin’s value & utility continually brings companies, teams, etc. to the Foundation looking for ways to work with #LTC Companies not owned or orchestrated by a pseudo-network managed by the coin itself, fabricating a false sense of coin usage.You’ll see what I mean soon.

  • From MASTERBTCLTC:

    @DaddyCool1991 Litecoin should be 2nd
    ☑️ 4x faster blocks
    ☑️ digital silver
    ☑️ 84M
    ☑️ 8+ yrs
    ☑️ no premine
    ☑️ POW
    ☑️ King of Scrypt
    ☑️ No satoshi stash
    ☑️ On all ATMs
    ☑️ BTC twin
    ☑️ 4Y halvings
    ☑️ Oscillator
    ☑️ litecoinfam
    ☑️ Atomic swaps
    ☑️ ⚡️
    ☑️ MimbleWimble
    ☑️ 100% uptime

As for a news story related to Litecoin getting some buzz:

Litecoin, Bitcoin SV, Algorand see diverse fortunes as Bitcoin consolidates – AMBCrypto

Like most of the market, the LTC market was also hit badly by the market crash in March….At the time of writing, Bitcoin SV was observed to have recovered all its losses from Black Thursday, with the token climbing by over 7% over the past 10 days.