Litecoin 4 Hour Price Update
Updated March 23, 2020 11:19 PM GMT (07:19 PM EST)
Litecoin came into the current 4 hour candle up 1.77% ($0.68) from the open of the last 4 hour candle, marking the 3rd candle in a row an upward move has occurred. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.
Litecoin Daily Price Recap
Litecoin enters today at 35.46 in US dollars, down 7.61% ($2.92) from yesterday. The change in price came along side change in volume that was up 7.28% from previous day, but down 3.19% from the Sunday 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 yesterday. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Something to pay attention to: Litecoin’s momentum/trend on a 14 day basis may be decelerating. 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 another vantage point, consider that Litecoin’s price has gone down 8 of the previous 14 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 MASTERBTCLTC:
Litecoin, its bitcoins twin, it has 4 times the supply, 4 years halvings, we know who created it, its fast, 100% uptime, satoshi can’t dump it, it added segwit first, will add MimbleWimble (fungibility & privacy options), its proven at 8+years old, most liquid on every exchange.
- From johnkim77:
Why #bitcoin and #Litecoin ?A POW coins that flew under the radar & est itselves as dominant in Sha256 BTC and Scrypt LTC. Since 2009 & 2011, it passed the test of time & was resurrected from it’s death bed in multiple occasions. You can’t develop or buy these achievements
- From johnkim77:
In crypto,You are guilty until proven to have value. The proof is in the history of your cryptocurrency and a real working product. Your partnerships and promises lost its weight in 2017 ICO fiasco. #bitcoin #litecoin