Litecoin 4 Hour Price Update
Updated June 04, 2020 03:19 AM GMT (11:19 PM EST)
Litecoin is up 1.29% ($0.61) since the last 4 hour candle, marking the 6th candle in a row it has gone up. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Litecoin Daily Price Recap
Litecoin entered today at $47.13, up 2.41% ($1.11) from the previous day. This move happened on lower volume, as yesterday’s volume was down 59.73% from the day before — and down 5.14% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the day in terms of price change relative to the previous day. 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 100 day averages, located at 45.02 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 6 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 CryptoCobby:
I have been super bullish on Litecoin ever since I lost my crypto virginity back in early 2017! Litecoin was my largest holding up until the LTC halving where I traded 80% of my LTC bag into ETH and LINK…. I am still a believer in LTC as the fixed supply model is a winner!
- From DaddyCool1991:
Since March of 2017 the avg. amount of #Litecoin transactions per day has multiplied by 16x to over 35k & has risen by close to ~35-40% from the latter half of 2019.
- From johnkim77:
I had lunch today with a business mentor who got into #litecoin in 2018 bc of me.I told him that if ppl are still trying to open a business that our parents were able to w/out internet and english then they are doing it wrong. Embrace the power of internet and think global.
