Litecoin 4 Hour Price Update
Updated June 05, 2020 07:20 AM GMT (03:20 AM EST)
47.46 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved down 0.02% ($0.01) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin closed the day prior up 0.7% ($0.33); this denotes the 2nd day in a row an upward move has occurred. As for how volume fared, yesterday’s volume was up 20.12% from the previous day (Wednesday), and up 45.25% from Thursday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to the day prior. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 200 day averages, located at 49.78 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Litecoin’s price has gone up 17 of the previous 30 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From johnkim77:
I hope everyone in #bitcoin #litecoin #crypto succeed wildly in life. We need funds to support & fight against injustice & corruption. I for one believe that we are all disposable pawns in this game of power and control. All lives are in danger in the hands of corrupt ppl.
- From WasPraxis:
@Frenchy_DCR 3/ Netcoin (“MC2”) never launched but c0 took over the project and @behindtext+tacotime picked the name Decred. – The name Decred is much better, – having “coin” in the name sounds lame now, but back then it was the standard, everything had to be “coin” (Litecoin, Feathercoin…)
- From _CryptoCashier:
@LTCFoundation Since its inception 2 years ago, TheCryptoCashier WP plugin has supported Litecoin, along with over 600 other coins/tokens.Now, more than ever, it’s important for people to liberate themselves from fiat money systems and become their own bank, using their own crypto wallets.
In terms of news links for Litecoin here’s one to try:
But just like with any bear market, we could see Litecoin prices rebound in the next year….That’s why we had to make sure you saw the latest Litecoin price predictions for 2021….Cryptocurrency investors were hoping an ETF would lure new money into the market, according to Money Morning Cryptocurrency Expert David Zeiler….But now that prices have come back to earth, we’re getting a lot of questions about whether Litecoin is a good investment to make now… There are two reasons to buy Litecoin right now.