Litecoin (LTC) Closes Last Hour Up $1.42; Heads Up For the 2nd Day In A Row, Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 14 Days

The Hourly View for LTC

Last Updated September 15, 2021, 15:16 GMT

At the moment, Litecoin’s price is up $1.42 (0.78%) from the hour prior. The hourly chart shows that Litecoin has seen 3 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Of note is that the 100 and 50 hour changed directions on LTC; they are now pointing down. The moving averages on the hourly 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.

Litecoin Daily Price Recap

Litecoin is up 0.71% ($1.01) since the day prior, marking the 2nd day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 47.35% from the previous day (Monday), and up 14.13% from Tuesday of the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the day prior in terms of percentage price change. Below is a daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone up 11 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From flappening:

    Some chains have gone offline & people are like “They had an issue & fixed it. Good for them”Some ass decided to write a fake article about #litecoin and walmart & people are like “#Litecoin is a shit coin. Don’t buy that scam” all the while #litecoin has 10+ yrs of 100% uptime

  • From udiWertheimer:

    first solana flips et hiriumthen polkadot flips et hirium then luna flips et hiriumthen cardanothen tronwhen all is said and done et hirium will only pump when someone spreads fake news about walmart adoptionze next litecoin

  • From realCryptoWars:

    Think of the psychological torture BTC holders went through during the rise from 300 to 19k in 2016-2017. *ahem* I’d know b/c I was there, every other day was FUD. Now take that multiply it by 4, and that is the absolute state of attacks against #Litecoin­čÉöJust ignore all of it.

As for a news story related to Litecoin getting some buzz:

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