Litecoin 4 Hour Price Update
Updated September 23, 2020 11:19 PM GMT (07:19 PM EST)
Litecoin came into the current 4 hour candle down 0.71% ($0.31) from the open of the last 4 hour candle, marking the 3rd consecutive candle a decrease has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the last 4 hour candle in terms of percentage price change.
Litecoin Daily Price Recap
The end of a 4 day negative run has come for Litecoin, which finished the previous day up 3.03% ($1.31). This move happened on lower volume, as yesterday’s volume was down 45.73% from the day before — and down 30.54% 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 the previous day. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 200 day moving averages, which may act as price barrier for the asset. Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone down 7 them.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From henjumeric43:
The first one to guess what date my first #Digibyte purchase was will win 100 $DGB. I made the purchase by swapping #Litecoin for #DGB using @ShapeShift_io and depositing it into my @CoinomiWallet If there are no correct guesses in 24 hours, I will give to the closest guess
- From LindaWr21518087:
@litecoin_bull @0Mishelle3 @ROYALMRBADNEWS @tonkin_laura No disrespect but you guys are not giving us enough credit either. We have proven ourselves over the last 3 1/2 years to be able to handle quite a bit. Hollywood has been exposed along with politicians. Its the musicians and pastors that still need exposing somewhat yet.
- From gigi5414:
@CryptoOwenW @litecoin_bull No….Trump is NOT a pedo.Yes…Trump learned the truth about Epstein.And then, Trump turned on Epstein, banned him from Mar A Lago and is the only person who came forward & volunteered to testify AGAINST Epstein.Trump was NEVER involved in any of the abuse or trafficking.
For a longer news piece related to LTC that’s been generating discussion, check out:
“Transactions are exploding on the Litecoin blockchain!!…“So has the Litecoin blockchain benefited from the increase in [transactions], but decrease in median LTC [transaction] value?