Litecoin (LTC) Up $0.5 in Last 4 Hours, Makes Big Move Relative to Two Week Trend; Entered Today Up 1.6%

Litecoin 4 Hour Price Update

Updated April 03, 2020 05:35 AM GMT (01:35 AM EST)

Litecoin entered the current 4 hour candle at 40.44 in US dollars, up 1.25% ($0.5) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.

Litecoin Daily Price Recap

Litecoin came into today up 1.6% ($0.63) from the open of yesterday, marking the 4th day in a row an upward move has occurred. As for how volume fared, yesterday’s volume was up 93.06% from the previous day (Wednesday), and up 51.08% from Thursday of the week before. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during yesterday. Below is a 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. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 9 out of the past 14 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From johnkim77:

    Physical gold, silver, Bitcoin & litecoin will be the life line the world will be reaching for as the Central banks and the dollar reveals itself as wolf in sheep’s clothing.

  • From MASTERBTCLTC:

    $2500 #litecoin only happens if you make it through #coronavirus.

  • From coinranking:

    Which cryptocurrency should be in tomorrow’s new #PredictionContest? 🔥#CRpredicts @litecoin @monero @Ripple_XRP1

For a longer news piece related to LTC that’s been generating discussion, check out:

Mimblewimble Progress Update Thread – Development – Litecointalk Forum

Thanks for the updates, David!…Thanks for the update….Thanks for the update Thanks for the update, David!…great going Thanks for the update!…Thanks for the hard work & update David.