Litecoin 4 Hour Price Update
Updated June 20, 2020 11:18 AM GMT (07:18 AM EST)
The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 42.83 US dollars, down 0.53% ($0.23) since the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin closed yesterday down 1.36% ($0.59); this denotes the 2nd day in a row a decline has happened. The change in price came along side change in volume that was up 13.75% from previous day, but down 33.87% from the Friday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
First things first: Litecoin crossed below its 100 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Price action traders in particular will want to note that the 30 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone down 17 them.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:
- From LTCFoundation:
#Litecoin has a strong, vibrant community. Help us recognize those who contribute to the awareness, education and adoption of #ltc by posting their handles & accomplishments here.We’ll start: @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @I_Make_Lemonade @ecurrencyhodler
- From I_Make_Lemonade:
@LTCFoundation @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @ecurrencyhodler I just love this thread! So many great people in the #litecoinfam and room for everyone who is interested in learning more about Litecoin. Few more! @jmo061587 @jLTCcope @GetCoinz20 @BHSpeaks @realPoseidonLuu @boilingwatersph @Jean_LitePicard @PB_and_J_LITE
- From I_Make_Lemonade:
@LTCFoundation @bigkerrytweets @Keith8Yong @MillaLiraj @loshan1212 @ecurrencyhodler I’ve thought about several more friends in the LitecoinFam
@l3l2ucelee @LesleyRHafalia and @TheNvsibleHand
Always positive and upbeat when it comes to Litecoin 💪🏼🔥