Litecoin (LTC) Down $0.52 Over Past 4 Hours, Entered Today Up For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart

Litecoin 4 Hour Price Update

Updated March 19, 2020 05:35 AM GMT (12:35 AM EST)

Litecoin’s 4 four-hour candle positive has officially concluded, as the candle from the previous 4 hours closed down 1.49% ($0.52). Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.

Litecoin Daily Price Recap

Litecoin came into today up 1.69% ($0.58) from the open of the previous day, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 22.89% from the day before — and down 2.98% 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 the previous day. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone down 8 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

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 johnkim77:

    You should be bullish on #Bitcoin and #Litecoin because of its fundamentals. Price may be down but every 10 and 2.5 minutes blocks are produced and there’s nothing the FED or government can do about it. Fiat is in the hospice, BTC & LTC is just hitting puberty.

  • From francispouliot_:

    @saifedean CAD is one of the biggest shitfiat of them all. Basically Litecoin.

  • From elianhuesca:

    “Litecoin is Bitcoins testnet. Bitcoin is Decreds testnet.” @degeri_crypto βš›οΈβš‘οΈ\U0001f9e0πŸ’ΈπŸ“±πŸ›οΈβœˆοΈπŸš€πŸŒŽπŸŒπŸŒβš›οΈ