Litecoin 4 Hour Price Update
Updated May 24, 2020 07:18 PM GMT (03:18 PM EST)
Litecoin came into the current 4 hour candle down 1.18% ($0.51) from the open of the last 4 hour candle, marking the 3rd candle in a row it has gone down. 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 choppiness in the recent daily price action of Litecoin continues; to start today, it came in at a price of 43.86 US dollars, down 0.81% ($0.36) since yesterday. This move happened on lower volume, as yesterday’s volume was down 38.28% from the day before — and down 34.12% from the same day the week before. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during yesterday. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Moving average crossovers are always interesting, so let’s start there: Litecoin crossed below its 50 day moving average yesterday. For another vantage point, consider that Litecoin’s price has gone up 16 of the previous 30 trading 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 DaddyCool1991:
#Litecoin’s hashrate on 5/23/2017 was 6.8142 T
#LTC’s hashrate today, 5/23/2020 is 201.6057 TThe current hashrate is only about 64 T above the bottom over the past 2 years (around 137 Te), yet is still over 29.5x higher than 3 years ago.
- From litecoin_bull:
The #Litecoin community is plagued with bullying!. When Some asshole who has been in #crypto one week and instantly an expert! Yes that old chestnut! Just remember when you hurl that onslaught of abuse there is another human on the receiving end! #Crypto is about COMMUNITY.
- From MASTERBTCLTC:
NEVER BET AGAINST LITECOIN Being #Litecoin bearish is usually a big mistake…You might be right in the short term, but bears have always been REKT long-term#ltc🚀 #litecoin🚀