Wondering About Litecoin’s Latest Average Transaction Value? Read to Find Out

The Daily View for Litecoin

  • Currently, LTC’s price is down $0 (0%) from the day prior.
  • This move is a reversal from the day prior, which saw price move up.
  • 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 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

  • At the moment, LTC’s price is down $-0.03 (-0.05%) from the day prior.
  • Litecoin has seen its price go down 5 out of the past 5 days, thus creating some compelling opportunities for bears.
  • Regarding the trend, note that the strongest trend exists on the 20 day timeframe.
  • Price action traders may also wish to note that we see a pin bar candlestick pattern on Litecoin. Given that we see an uptrend on the 20 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
  • 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

  • LTC has a count of active addresses of 0, down 100% from its value day prior.
  • Over the past 29 weeks, LTC’s count of active addresses has been in a clear uptrend, growing by about 1320.90 per day.
  • LTC’s daily transaction count now stands at 0.

Latest News Discussing LTC

  • Benzinga’s Top Ratings Upgrades, Downgrades For August 1, 2022 – Benzinga Insights
    August 1, 2022

    Upgrades
    Seaport Global upgraded the previous rating for Plains GP Holdings LP (NASDAQ:PAGP) from Neutral to Buy. In the first quarter, Plains GP Holdings showed an EPS of $0.31, compared to $0.25 from the year-ago quarter. At the moment, the stoc…

  • Expert Ratings for LTC Properties – Benzinga Insights
    August 1, 2022

    Within the last quarter, LTC Properties (NYSE:LTC) has observed the following analyst ratings:

    Bullish
    Somewhat Bullish
    Indifferent
    Somewhat Bearish
    Bearish

    Total Ratings
    1
    1
    2
    1
    0

    Last 30D
    1
    0
    0
    1
    0

    1M Ago
    0
    1
    0
    0
    0

    2M Ago
    0
    0
    1
    0

  • New Strong Buy Stocks for August 1st – Zacks Equity Research
    August 1, 2022

    LTC, LBAI, ARI, CHRW and CSL have been added to the Zacks Rank #1 (Strong Buy) List on August 1, 2022.