The Hourly View for LTC
Last Updated February 22, 2021, 23:16 GMT
At the moment, Litecoin’s price is down $-1.57 (-0.76%) from the hour prior. This is the 2nd straight hour Litecoin has seen its price head down. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Litecoin Daily Price Recap
The back and forth price flow continues for Litecoin, which started today off at 227.5 US dollars, up 0.16% ($0.36) from the day prior. This move happened on lower volume, as yesterday’s volume was down 32.51% from the day before — and down 63.69% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 7 of the assets in the Top Cryptos asset class during the day prior. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 6 them. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From johnkim77:
When litecoin was $50 in November 2020, I said it was going 3 digits EOY.They said I was CRAZY!I say #Litecoin ($230) will go 4 digits EOY 2021, same people that said I was CRAZY are calling me DELUSIONAL.Guess what? They are PESSIMISTS in any price bc they never got a hug.
- From lite_hause:
Gotta admit, it seems like Litecoin FUD has grown rampantly on certain corners of the internet these past few years. Worst of all, it’s mostly false (no dev/Charlie ATH/etc.). These things need to be cut ASAP at the source. It’s like a rat colony that got out of hand..
- From MASTERBTCLTC:
If you are reading this, you are early to #Litecoin🚀. How do I know? Imagine thinking you were late to the Internet in the early 2000s. A little search engine named Google is only a few years old, Facebook and Twitter haven’t launched, and Netflix only mails DVDs.
As for a news story related to Litecoin getting some buzz:
ROKOS X1 “Flavors” Crypto Full node OS for Raspberry Pi 2, 3, 4 IoT Devices Released….Written by Okcash • The Future of Cash • The Proof of Stake Bitcoin • IoT • Micro payments • Energy-Friendly • Open Source • $OK • Bitcoin Supportive Okcash news, articles and guides by the community.