Litecoin (LTC) Price Near $182.91; in a Downtrend Over Past 90 Days, Moves Up For the 2nd Day In A Row, Pin Bar Pattern Appearing on Chart

The Hourly View for LTC

Last Updated September 2, 2021, 02:016 GMT

At the moment, Litecoin’s price is up $0.27 (0.15%) from the hour prior. This is the 2nd hour in a row Litecoin has seen its price head up. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. The moving averages on the hourly 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 Daily Price Recap

Litecoin came into today up 0.71% ($1.01) from the open of the day prior, marking the 2nd day in a row an increase has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 47.35% from the day prior, and up 14.13% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the day prior in terms of percentage price change. Below is a daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone up 7 of the previous 10 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From DGB_LTC_J:

    Bitcoin $47,000 Litecoin $175Litecoin is Bitcoin. Literally. Just some small improvements in speed and fees. Soon will have confidential trans. Yet Litecoin is 0.4% the price of BTC…If LTC price was not surpressed this would be very different..NOT FINANCIAL ADVICE!

  • From CryptoEugene101:

    $QNT ……………. “HE WHO HESITATES
    IS LOST!”Meaning if your not fully researched & Mega BULLISH! On $QNT!!!Are you even invested in Crypto?@Bitcoin @quant_network @Ripple @dogecoin @litecoin @Vectorspace_AI @Mastercard @BankofAmerica @GoingParabolic @ethereum

  • From Jay1989112:

    @michael_saylor ⚒️ Thor Doge token ⚡️
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    ✅ CoinGecko live 48h
    🚀 1M MC 24h
    🔥 Supply Burned Upon Launch
    💯 Safe. LP locked till 2099
    #ThogeInu #ThorDoge #Thoge $Thoge