Litecoin’s Latest Number Of Daily New Addresses Stands At 259093

The Daily View for Litecoin

  • At the time of this writing, LTC’s price is up $0.27 (0.15%) from the day prior.
  • Litecoin has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls.
  • 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.
  • Of note is that the 50 day changed directions on LTC; it is now pointing down. 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.

Litecoin’s hourly price chart is shown below.

LTC

The Daily View for Litecoin

  • Currently, LTC’s price is up $0.27 (0.15%) from the day prior.
  • This is the 2nd day in a row Litecoin has seen its price head up.
  • Regarding the trend, note that the strongest trend exists on the 100 day timeframe.
  • Of note is that the 50 day changed directions on LTC; it is now pointing down. 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.
  • Divergence alert: Trend in LTC’s price and its RSI are diverging. LTC’s price is rising slower than its RSI.

Below is a daily price chart of Litecoin.

LTC

The Latest From LTC’s Blockchain

  • LTC has a count of active addresses of 565079, down 8.03% from its value day prior.
  • Over the past 29 weeks, the trend for LTC’s average transaction value has been choppy and unclear. It has oscillated between 30.6594 and 750.8056.
  • For LTC, its daily large transaction count is now at 2178.

Featured Litecoin Idea From TradingView

Below is a trading comment entitled #litecoin to $233 is my call . top tier #alts have held up… you may find interesting:

quite well during this #BTC sell offpicked up some more #ltc bull @0.096 earlier today looking to ride one 3X bull token for the lambo trade 😉

BallaJi