Litecoin (LTC) Down $0.17 Over Past 4 Hours, 2 Day Down Streak Broken; Breaks Above 50 Day Average

Litecoin 4 Hour Price Update

Updated May 23, 2020 07:18 PM GMT (03:18 PM EST)

44.05 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved down 0.38% ($0.17) from the previous 4 hours. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the previous 4 hours.

Litecoin Daily Price Recap

Litecoin entered today at $44.22, up 3.63% ($1.55) from yesterday. This move happened on lower volume, as yesterday’s volume was down 5.63% from the day before — and down 12.79% 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. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

First things first: Litecoin crossed above its 50 day moving average yesterday. For additional context, note that price has gone up 7 out of the past 10 days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:


    Litecoin is a tool to transfer wealth from those arrogant enough to bet against supply and demand economics to those who are humble enough to believe the simplest rule in finance.

  • From flappening:

    #litecoin has done a good job on holding while #bitcoin falls a little. Maybe this is the beginning of the climb back to a more normal comparison rate.

  • From Fresh_Fontana:

    @DR6am @go_m3z Don’t bring back those memories about litecoin @DR6am haha. Nov-Dec 2017. My first trade ever! Bought $LTC near the top in the $300’s and panic sold near $150. Nearly blew up a $10k account on my first trade. 👀 I look at that trade as my tuition for my trading education LMAO 😂