Litecoin Price Recap
The choppiness in the recent daily price action of Litecoin continues; to start today, it comes in at a price of 76.67 US dollars, down 7.87% since yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 28.8% from the day prior, and up 21.92% 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 day-over-day price change. Below is a price chart of Litecoin.
Litecoin Technical Analysis
Volatility for Litecoin has exploded over the past two weeks relative to the past 30 days, which technical traders will want to note. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 7 out of the past 10 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From brucefenton:
You don’t have to buy a whole Litecoin.
- From gualestrit:
📌Resumen SemanalDow Jones +1.1%
S&P 500 +1.6%
Russell 2k +1.8%
CBOE VIX -11.6%EUR/USD -1.01%
GBP/USD +1.22%Bitcoin +5.6%
Ripple +21.2%Crudo WTI +3.6%
- From imBagsy:
Litecoin held up significantly well in spite of the correction on $BTC.