Litecoin (LTC) Closes Prior Hour Up 3.33%; in an Uptrend Over Past 30 Days, Heads Down For the 3rd Consecutive Day
It’s been a feast for bulls operating on an hourly timeframe, as litecoin has now gone up 4 of the past 5 hours.
(Last Updated January 23, 2021)
Welcome to the news page for Litecoin (LTC). Below you’ll find our daily market updates. Here’s a technical and fundamental 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 and 30 day timeframes. As such, traders with short positions should be aware of the uptrend in place on the longer timeframes.
Across several time periods between 20 and 200 days, the trend on LTC has remained consistently bullish.
The chart below illustrates.
At the moment, LTC’s price is down $-5.58 (-3.89%) from the week prior. Moreover, note that the weekly chart shows that LTC has seen 2 straight down weeks. Regarding the trend, note that the strongest trend exists on the 20 week timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on LTC. Given that we see an uptrend on the 20 and 10 weekly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. Looking further out, the moving averages on the weekly timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The weekly chart below shows LTC’s price action over the past year.
It’s been a feast for bulls operating on an hourly timeframe, as litecoin has now gone up 4 of the past 5 hours.
Relative to other instruments in the top cryptos asset class, litecoin ranked 6th since the day prior in terms of percentage price change.
Censoring the potus is so bad they don’t realise.
And $ltc is lagging behind ethwhat do you think will happen to litecoin and its old all time high of ~$420?
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This move is a reversal from the hour prior, which saw price move down.
The price move occurred on volume that was up 92.8% from the day prior, but down 7.77% from the same day the week before.
This move is a reversal from the hour prior, which saw price move up.
Lots of exciting stuff happening in the polkadot ecosystem including potential substrate 3.0.
Together with his wife, kim had begun to invest in bitcoin and ethereum in 2017, and became increasingly drawn into the cryptocurrency world—much to the consternation of his family and friends.