Litecoin 4 Hour Price Update
Updated September 10, 2020 03:19 PM GMT (11:19 AM EST)
Litecoin is up 0.43% ($0.21) since the previous 4 hours, marking the 2nd straight candle an increase 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 previous 4 hours.
Litecoin Daily Price Recap
47.86 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved up 0.82% ($0.39) from yesterday. This move happened on lower volume, as yesterday’s volume was down 34.45% from the day before — and down 56.57% 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 above its 200 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Litecoin’s price has gone up 7 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From Sean17475349:
@AlexSaundersAU Litecoin Alex… POW, 100% uptime (more than Bitcoin), on every exchange, in top 10 since inception, Btc ATMs always have Litecoin on them. Grayscale Investments holdings currently should be a good indication LTC, Mimblewimble end of this month.. and look at current hash rate 😳
- From HeartlanderPD:
@maryalicericha1 @litecoin_bull @pilotgal1 @ROYALMRBADNEWS Agree. Believe same as Ellen. But H’wood is bringing back her show later this month. Hupon inspection I learned it will be taped “at first”. Well THAT would be easy to CGI/Hologram/DeepFake — we know Hollywood does not want to give up that marketshare so quickly do they? $$$$$!
- From flappening:
Now feels like the time when #litecoin went from 26 to 37 and back down to 26 in May 2017… Just kinda up and down within a pretty consistent range… Watch what comes next.