Litecoin (LTC) Closes Last Hour Down $-0.87; in a Downtrend Over Past 14 Days, Heads Up For the 3rd Straight Day

The Hourly View for LTC

Last Updated June 30, 2021, 02:016 GMT

At the moment, Litecoin’s price is down $-0.87 (-0.6%) from the hour prior. This is the 2nd straight hour Litecoin has seen its price head down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Litecoin Daily Price Recap

Litecoin closed the day prior up 3.71% ($4.92); this denotes the 3rd straight day an increase has occurred. The price move occurred on volume that was up 14.8% from the day prior, but down 59.62% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of Litecoin.

LTC

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 30 days Litecoin’s price has gone up 15 them.

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 TheDeFiAnalyst:

    $LTC review
    Price $136.69
    Mcap $9.1B
    C. supply $66.7M
    #litecoin is one of the top dogs in the scene, having a bright future and high plans on how to reach it. Focusing on being private, secure with a vision for it to join the global economy. Amazing long term #HODL option
    8.5/10

  • From realCryptoWars:

    To be in the #Litecoin 1 million club it only costs 84 LTC or ~$12,432. Similar to having 21 BTC or ~$12,138 after it’s second halving in 2016. It’s all going to repeat on Litecoin. Buy or cry.

  • From SteveNi96234828:

    @sgtesco @AMBASSADORTOUSA @DrDoubloon @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @MsiJeremy @HarborTeaParty @Ghostbatman117 @Pin86939060 @TheWiseCrow1 @DogeCoinMilitia @jenifang @BIGGUCCIDRACOTX @WeTheDoge1 @Chuy338 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @kataruka_piyush @Michael29011011 @GloryDoge @ImTravisG @bholman24930782 @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @LadyDogeBugBird @HonestlyDoge @aaronjwithers @llbodiedll @FadilijaS @BeefSupreme1776 @TheOnlyPghTrish @calic415 @SimplyCrypto4 @GIGACHAD2021 @iBeaQueen @BigImpactHumans @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @litecoin @elonmusk 🥂🐕I went to my Son’s Girlfriend’s open house yesterday and spent a good amount of time petting doges and holding one very sweet Doge who was looking me in the eyes, such healing? #dogsoftwitter