Wondering About Litecoin’s Latest Daily Transaction Count? Read to Find Out

The Daily View for Litecoin

  • At the time of this writing, LTC’s price is up $0.24 (0.24%) from the day prior.
  • It’s been a feast for bulls operating on the daily timeframe, as Litecoin has now gone up 5 of the past 5 days.
  • From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes.
  • Regarding moving averages, it should first be noted that price has crossed the 100 day moving average, resulting in them with price now being above it. 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

  • Currently, LTC’s price is up $0.24 (0.24%) from the day prior.
  • This is a reversal of the price action on the previous day, in which price moved down.
  • As for the trend on the daily timeframe, we see the clearest trend on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence alert: Trend in LTC’s price and its RSI are diverging. LTC’s price is declining slower than its RSI.

Below is a daily price chart of Litecoin.

LTC

The Latest From LTC’s Blockchain

  • Over the past 29 weeks, the trend for LTC’s number of daily new addresses has been choppy and unclear. It has oscillated between 0 and 411298.
  • For LTC, its daily large transaction count is now at 0.
  • LTC has a daily large transaction count of 0, NA NaN% from its value day prior.

Featured Litecoin Idea From TradingView

Below is a trading comment entitled LTCUSD ❕ liquidity zone you may find interesting:

Litecoin came out of the downward channel.The price is trading above the liquidity level.The 100MA has crossed upward of the 200MA on the 30m Timeframe.I expect a consolidation above the support level and a rise to the resistance level.

Solldy