Litecoin 4 Hour Price Update
Updated July 29, 2020 03:20 AM GMT (11:20 PM EST)
56.18 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the last 4 hour candle being one in which price moved up 0.59% ($0.33) from 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
Litecoin is up 4.69% ($2.5) since the day prior, marking the 2nd day in a row an increase has occurred. The change in price came along side change in volume that was down 10.69% from previous day, but up 416.23% from the Tuesday of last week. 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 the day prior. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Litecoin’s price has gone down 15 of the previous 30 trading days.