Litecoin 4 Hour Price Update
Updated June 10, 2020 03:20 AM GMT (11:20 PM EST)
Litecoin closed the last 4 hour candle up 0.02% ($0.01); this denotes the 2nd candle in a row an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin came into today down 1.18% ($0.55) from the open of the previous day, marking the 5th day in a row a decrease has occurred. The change in price came along side change in volume that was up 33.47% from previous day, but down 57.1% from the Tuesday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous day in terms of percentage price change. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 20, 50 and 100 day averages, located at 45.3, 45.08 and 44.12 respectively, and thus may be at a key juncture along those timeframes. 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 down 8 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From dgb_chilling:
@Eljaboom Found #Bitcoin, started mining. Found #Litecoin, was faster / bigger max supply / seemed better. Stopped with BTC. Found #DigiByte Feb’14, faster, bigger max supply, more secure, forward thinking, constant progress, seemed better. Stopped with LTC. Never looked back 😎
- From MASTERBTCLTC:
@cryptorecruitr Litecoin being surpressed under $100 is the same pressure that will ignite the supply shock explosionIt will happen so quickly & LTC will never look backSame thing happened in 2017
- From CryptoNana4LTC:
@missteencrypto Give your family Litecoin in a @Litewallet_App on their phone or a @BalletWallet Tell them they can #hodl or spend as they wish. 🙏🏻💕🐝 (Remind them that 2020 and 2021 for crypto will be like the early days of Amazon, Google and Walmart. Those in early were set for life!)