Litecoin (LTC) Up $0.04 Over Past 4 Hours, Makes Big Move Relative to Past Three Months; Entered Today Up 10.85%

Litecoin 4 Hour Price Update

Updated July 28, 2020 11:19 AM GMT (07:19 AM EST)

The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 53.33 US dollars, up 0.08% ($0.04) since the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin Daily Price Recap

53.35 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved up 10.85% ($5.22) from yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 140.5% from the day prior, and up 1067.77% 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 yesterday. The daily price chart of Litecoin below illustrates.

LTC

Litecoin Technical Analysis

Notably, Litecoin crossed above its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone down 15 them.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From LTCFoundation:

    46,727 new non-zero #Litecoin wallet addresses in the last 24 hrs is the most in 1 day since 47,317 on March 8, 2020.347,036 were the most new non-zero addresses ever added in 1 day, back on January 4, 2018.

  • From EDadoun:

    20 year old me is highly unimpressed with how poorly 33 year old me handles 4 beers at home with a friend.But hey…if Litecoin and Tron can still be in the top 20 then I can make it through the day too.

  • From DaddyCool1991:

    For the bazillionth time, a ‘decentralized’ #cryptocurrency is one to which the blockchain it derives from does not have a single point of failure, control, voting, mining, trx validation, etc.#Litecoin is decentralized because the blockchain is decentralized. Period.