Litecoin’s Latest Daily Large Transaction Count Stands At 0

The Daily View for Litecoin

  • At the time of this writing, LTC’s price is down $-1.8 (-0.87%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved up.
  • If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes.
  • The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Litecoin’s hourly price chart is shown below.

LTC

The Daily View for Litecoin

  • Currently, LTC’s price is down $-1.83 (-0.88%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Litecoin has now gone up 4 of the past 5 days.
  • As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe.
  • The moving averages on the daily timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Below is a daily price chart of Litecoin.

LTC

The Latest From LTC’s Blockchain

  • LTC has a daily large transaction count of 0, NA NaN% from its value day prior.
  • Over the past 29 weeks, the trend for LTC’s count of active addresses has been choppy and unclear. It has oscillated between 0 and 720495.
  • LTC’s average transaction value now stands at 0.

Featured Litecoin Idea From TradingView

Below is a trading comment entitled litecoin might be next you may find interesting:

litecoin is set to go parabolic imo. barring bitcoin holds up for the time being, i think ltc is a great play with so much room to run.

marenaltman