(Last Updated September 21, 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:
As for trends on LTC, we’re seeing a downtrend on shorter timeframes — but an uptrend on the 90 day timeframe. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
Nuances in the trend on LTC can be understood by observing the behavior of its moving averages. Of the 20, 50, 100, and 200 day averages — three of them (all but the 100) — are bearish, implying a downward trend, save for a spike that occurred about 3 months ago.
The chart below illustrates.
Currently, LTC’s price is down $-1.4 (-2.89%) from the week prior. It’s been a feast for bears operating on the weekly timeframe, as LTC has now gone down 4 of the past 5 weeks. 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 5, 10 and 20 week timeframes. Of note is that the 20 week changed directions on LTC; it is now pointing up. Looking further out, the moving averages on the weekly timeframe suggest a bullishness in price, as the 20, 50 and 100 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. LTC’s weekly price action over the past 52 weeks can be seen via the chart below.
This move happened on lower volume, as yesterday’s volume was down 13.12% from the day before — and down 22.47% from the same day the week before.
What’s really going parabolic is the number of people willing to fight for litecoin and all it stands for.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
Out of the 5 instruments in the top cryptos asset class, litecoin ended up ranking 4th for the day in terms of price change relative to the previous day.
The price move occurred on volume that was up 22.4% from the day prior, but down 11.43% from the same day the week before.
She cannot say one positive thing that he will do for this country.
I know a retired professor who is for biden because he’s “polite”.
How about we bet on sundays game against the pat’s .
Out of the 5 instruments in the top cryptos asset class, litecoin ended up ranking 2nd for the day in terms of price change relative to the previous day.
Well that would be easy to cgi/hologram/deepfake — we know hollywood does not want to give up that marketshare so quickly do they?