Litecoin (LTC) Down $0.21 Over Past 4 Hours, 4 Day Up Streak Ended; Breaks Below 100 Day Average

Litecoin 4 Hour Price Update

Updated September 14, 2020 11:19 PM GMT (07:19 PM EST)

Litecoin closed the last 4 hour candle down 0.43% ($0.21); this denotes the 2nd candle in a row a decline has happened. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin Daily Price Recap

Litecoin is down 5.29% ($2.69) since yesterday, marking a reversal from the day prior — and the end of a 4 day positive run. The change in price came along side change in volume that was up 9.48% from previous day, but down 10.89% from the Sunday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. The daily price chart of Litecoin below illustrates.

LTC

Litecoin Technical Analysis

First things first: Litecoin crossed below its 100 day moving average yesterday. 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 7 of the previous 10 trading days.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:

  • 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 highhopesUSA:

    @litecoin_bull @AniR95236736 @ROYALMRBADNEWS It’s beyond my comprehension how the Dems have not got a clue yet. I know a retired professor who is for Biden because he’s “polite”. She cannot say one positive thing that he will do for this country. Polite is not going to run a nation.

  • From lite_hause:

    Litecoin’s Mimblewimble sidechain will be ready in a few months. Will any of you be integrating it? @krakenfx @Gemini @coinbase @BittrexExchange @cz_binance @binance @Poloniex @bitfinex @OKEx @kucoincom @HuobiGlobal @Bitstamp