Litecoin (LTC) Up $0.17 Over Past 4 Hours, in a Downtrend Over Past 30 Days; Price Base in Formation Over Past 90 Days

Litecoin 4 Hour Price Update

Updated March 24, 2020 05:35 AM GMT (01:35 AM EST)

Litecoin is up 0.43% ($0.17) since the previous 4 hours, marking the 4th candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.

Litecoin Daily Price Recap

39.11 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which price moved up 10.29% ($3.65) from the previous day. The change in price came along side change in volume that was up 16.44% from previous day, but down 39.42% from the Monday of last week. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd 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

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. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone down 18 out of the past 30 days.

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 MASTERBTCLTC:

    Putting the pieces together 1. Coinbase Brian Brooks is now head of banks 2. Digital dollar pitched in new bill3. Bitcoin & litecoin moon

  • From RNR_0:

    @zackvoell @ActualAdviceBTC I made a 3x on Litecoin. Idk from $300 to $900 and I felt like a genius. Then the crash happened.Then I discovered bitfinex & shorted btc during mtgox collapse.After that margin calls. Lots of them. Going back in everytime to try again with $300

  • From ConchitaBulada1:

    @SharingforCari1 @HuobiGlobal @HuobiStats @coinkit_ Huobi is the safest platform that makes it easy to buy & sell, we have Bitcoin, Ethereum & Litecoin.@Ana72442440 @Red112527 @marrykay27 @JayReub2527 @Nathan20195 @iam_yang09 @Rna4L @ma_bri5
    @_rhythms29 @VeronicaCapili @dark_mark125 @JidCruz21