Litecoin (LTC) 4 Day Up Streak Ended
Relative to other instruments in the top cryptos asset class, litecoin ranked 3rd yesterday in terms of percentage price change.
Litecoin
(Last Updated February 24, 2021)
Hello! This is the news page for Litecoin. Below you’ll find our daily market updates. Here’s a technical and fundamental summary of where things currently stand:
The Trend
On LTC, there is currently an uptrend on the 90 and 30 day timeframes.
LTC Moving Averages
The moving averages on LTC indicate a trend that is clearly bullish.
The chart below illustrates.
The View From the Weekly Timeframe
At the moment, LTC’s price is down $-49.56 (-21.82%) 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 20 week timeframe. 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. LTC’s weekly price action over the past 52 weeks can be seen via the chart below.
Litecoin (LTC) Up 3.7%
Relative to other instruments in the top cryptos asset class, litecoin ranked 3rd yesterday in terms of percentage price change.
Litecoin (LTC) Fares the Worst Out of Top Cryptos; 2 Day Up Streak Snapped
The price move occurred on volume that was up 4.25% from the day prior, but down 18.42% from the same day the week before.
Litecoin (LTC) Up 0.48%; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.