Litecoin (LTC) Up $1.08 Over Past 4 Hours, Entered Today Up 1.84%; Breaks Above 20 Day Average

Litecoin 4 Hour Price Update

Updated August 23, 2020 03:18 PM GMT (11:18 AM EST)

Litecoin entered the current 4 hour candle at $59.27, up 1.86% ($1.08) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous 4 hours in terms of percentage price change.

Litecoin Daily Price Recap

Litecoin entered today at $60.25, up 1.84% ($1.09) from the previous day. The price move occurred on volume that was down 20.55% from the day prior, but up 26.39% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to the previous day. Below is a daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

Notably, Litecoin crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. 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 pmchess1:

    Play in our regular tournaments @lichess and win our exclusive King’s Token as reward for your victory! Powered by the people’s blockchain #DigiByte The worlds most secured and decentralized UTXO protocol which is 40X faster than #Bitcoin ,10x faster than #Litecoin

  • From GreyEyedJewel:

    @litecoin_bull My dear friend who is a trauma nurse said that EVERYONE who dies, no matter if it’s murder, suicide, accident or health related, they are tested for COVID!!! If the test positive, it is counted as a Covid death!!! #StopTheLies #EnoughIsEnough #DemocratsAreTheDisease

  • From FUTURE_FUND_:

    The real flippening is when a decentralised project with a fair token distribution model and community governance overtakes all the current ICO/IEO projects. #Bitcoin #Litecoin are the only top 10 projects that launched without capital raising.Few understand this. $YFI

For a longer news piece related to LTC that’s been generating discussion, check out:

What Is Litecoin? | Here’s All You Need to Know About LTC – Coindoo

Litecoin (LTC) is one of the most popular cryptocurrencies in the world….While Bitcoin has long transaction times, LTC makes it cheaper and faster….While Bitcoin could certainly be used to store value or for long term investments, Litecoin can be used for payments….While Litecoin users may utilize 0.05 LTC or 10 LTC to make normal payments, BTC users would need even smaller amounts….Litecoin is not only helping users who want to process payments, but it is also a good virtual currency to hold….Litecoin is one of the most popular virtual currencies in the world.