Litecoin 4 Hour Price Update
Updated June 16, 2020 11:19 PM GMT (07:19 PM EST)
Litecoin is up 0.05% ($0.02) since the last 4 hour candle, marking the 2nd candle in a row an upward move has occurred. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.
Litecoin Daily Price Recap
Litecoin closed the day prior down 0.57% ($0.25); this denotes the 2nd day in a row a decrease has occurred. The price move occurred on stronger volume; specifically, yesterday’s volume was up 106.86% from the day prior, and up 64.57% 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. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
The first thing we should note is that Litecoin is now close to its 20, 50 and 100 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone down 9 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
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 britishgirlxrp:
Coins I gave up on due to lack of development and direction… Litecoin / EOS / Tron … was I wrong. X
- From MASTERBTCLTC:
@tylerwinklevoss @Gemini When can we pay with litecoin at gas stations, restaurants, & local stores. This will help us spread money free from middle men.
- From DaddyCool1991:
#Litecoin has done over 44,326,678 transactions in just under 9 years with zero down time. Ever.
In terms of news links for Litecoin here’s one to try:
The world’s most popular non-custodial P2P crypto marketplace….You can start trading Litecoin on the most popular non-custodial P2P crypto marketplace.