Litecoin (LTC) Closes Last Hour Down $-1.78; 2 Day Up Streak Ended, in an Uptrend Over Past 30 Days
Regarding the trend, note that the strongest trend exists on the 50 hour timeframe.
Litecoin
(Last Updated November 26, 2020)
Hello! This is the news page for Litecoin. Below you’ll find our daily market updates. Here’s a technical analysis summary of where things currently stand:
The Trend
If we observe the 90, 30 and 14 day timeframes, we see an uptrend in place for LTC.
LTC Moving Averages
LTC’s moving averages suggest the trend on a number of time horizons is bullish.
The chart below illustrates.
The View From the Weekly Timeframe
Currently, LTC’s price is down $-5.4 (-6.19%) from the week prior. Moreover, note that this move is a reversal from the week prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the weekly chart exists on the 10 week timeframe. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the 20, 50 and 100 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. LTC’s weekly price action over the past 52 weeks can be seen via the chart below.
Litecoin (LTC) Price Near $88.12; Heads Up For the 2nd Consecutive Day, Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 30 Days
While the concept of nipopows is a well-known one in the crypto industry, velvet forks are yet to make their way into blockchain mainstream….
Litecoin (LTC) Closes Last Hour Down $-1.29; in an Uptrend Over Past 30 Days
The price move occurred on stronger volume; specifically, yesterday’s volume was up 36.9% from the day prior, and up 38.63% from the same day the week before.
Litecoin (LTC) Closes Last Hour Down $-0.07; 3 Day Up Streak Snapped, in an Uptrend Over Past 30 Days
The change in price came along side change in volume that was down 19.23% from previous day, but up 120.72% from the sunday of last week.
Litecoin (LTC) Price Near $82.85; 3 Day Up Streak Ended, in an Uptrend Over Past 14 Days
This move is a reversal from the hour prior, which saw price move down.
Litecoin (LTC) Closes Prior Hour Down -0.21%; Moves Up For the 2nd Consecutive Day, in an Uptrend Over Past 14 Days, Pin Bar Pattern Appearing on Chart
3 Price action traders may also wish to note that we see a pin bar candlestick pattern on ltc.
Litecoin (LTC) Closes Prior Hour Down -0.11%; in an Uptrend Over Past 14 Days
Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.
Litecoin (LTC) Closes Last Hour Up $0.34; in an Uptrend Over Past 14 Days
If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.
Litecoin (LTC) Closes Last Hour Up $0.12; 2 Day Up Streak Ended, But Still in an Uptrend Over Past 30 Days
Not the community but all these wannabe big time crypto traders.
Litecoin (LTC) Price Near $73.86; in an Uptrend Over Past 14 Days, Heads Up For the 2nd Consecutive Day
Out of the 7 instruments in the top cryptos asset class, litecoin ended up ranking 6th for the day in terms of price change relative to yesterday.