Litecoin’s Number Of Daily New Addresses is 0 — How Did it Impact Price?

The Daily View for Litecoin

  • Currently, LTC’s price is up $0.61 (0.3%) 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.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • 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 $0.66 (0.33%) from the day prior.
  • The daily chart shows that Litecoin has seen 2 straight up 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.
  • Divergence between LTC’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in LTC’s price.

Below is a daily price chart of Litecoin.

LTC

The Latest From LTC’s Blockchain

  • 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 daily transaction count now stands at 0.
  • LTC has an average transaction value of 0, NA NaN% from its value day prior.

Featured Litecoin Idea From TradingView

Below is a trading comment entitled Litecoin LTCUSD – 5000% gains + Road to 10 000 USD + Triangle you may find interesting:

– Litecoin – LTC – Rank #17 – Coin – If we take a look at the chart, we can definitely spot an ascending triangle. – We have very important double top resistance right at the ALL TIME HIGH level. – Litecoin is prepared for a huge pump! – We need litecoin, because bitcoin t…

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