Litecoin (LTC) Down $0.72 in Last 4 Hours, Entered Today Down 2.35%; in a Downtrend Over Past 14 Days

Litecoin 4 Hour Price Update

Updated June 15, 2020 03:20 AM GMT (11:20 PM EST)

Litecoin came into the current 4 hour candle down 1.64% ($0.72) from the open of the last 4 hour candle, marking the 4th candle in a row a decline has happened. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the last 4 hour candle.

Litecoin Daily Price Recap

44.02 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which price moved down 2.35% ($1.06) from the previous day. The change in price came along side change in volume that was up 25.09% from previous day, but down 34.04% from the Sunday of last week. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to the previous day. Let’s take a look at the daily price chart of Litecoin.

Litecoin Technical Analysis

The first thing we should note is that Litecoin is now close to its 20, 50 and 100 day averages, located at 45.69, 45.26 and 43.28 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 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 Theresa78375601:

    @litecoin_bull @ROYALMRBADNEWS @jamile_toledo @shreena74052483 Everything they’ve done has exposed those willing to take down America. I am pissed off and pray these criminals get what they deserve.

  • From BeraCouncil:

    The most retarded thing a human being can do with his life is buying Litecoin $LTC above $4It is known

  • From ankur_bhatnagar:

    @chadha_mayur @FMfarrugia You need to look at past accumulation and bull run of Litecoin to understand it’s future price action. It’s in accumulation phase which I see could run until end of 2020. Then the real action in 2021 . So please keep patience and accumulate if you can..👍