Litecoin 4 Hour Price Update
Updated March 29, 2020 05:35 AM GMT (01:35 AM EST)
The end of a 3 four-hour candle positive run has come for Litecoin, which finished the last 4 hour candle down 1.31% ($0.51). Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the last 4 hour candle in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin entered today at 38.96 in US dollars, up 2.07% ($0.79) from the day prior. The price move occurred on volume that was up 9.7% from the day prior, but down 6.74% from the same day the week before. On a relative basis, the day prior was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂 Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
First things first: Litecoin crossed above its 20 day moving average yesterday. 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. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. It should be noted, though, that a trend in the opposite direction, going up, exists on the 14 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone down 17 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From gualestrit:
📌Resumen SemanalDow Jones +12.8%
S&P 500 +10.3%
Russell 2k +10.5%
CBOE VIX -0.8%EUR/USD +4.21%
GBP/USD +7.09%Bitcoin +7.2%
Ripple +16.2%Crudo WTI -3.6%
- From ROYALMRBADNEWS:
@litecoin_bull One of our members is blessed.
- From AReifor:
come join this great eventDTZrof3DcfeyYiYa885HowdpbUP5yJvsd7#dogecoin #litecoin@cctip_io
airdrop 150000 CRU 150