Litecoin 4 Hour Price Update
Updated April 29, 2020 05:35 AM GMT (01:35 AM EST)
Litecoin came into the current 4 hour candle up 0.57% ($0.26) from the open of the last 4 hour candle, marking the 3rd candle in a row an increase 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 entered today at 45.79 in US dollars, up 2.85% ($1.27) from the day prior. The price move occurred on volume that was down 1.84% from the day prior, but up 38.77% 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 day prior. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Interestingly, a trend in the other direction exists on the 14 day timeframe, where price is headed up. So if you expect the primary trend to resume, the counter trend may be providing an opportunity to sell rallies. For another vantage point, consider that Litecoin’s price has gone up 6 of the previous 10 trading days.
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 jonnylitecoin:
@RMElectrician @lisamightydavis @BlazzordDGB @DigiByteCoin @CoinFlipATM @jaredctate @dgb_chilling @VollerJames DigiByte is one of the great Decentralized Blockchains and the team has built some really cool products like Digi-ID and Digi-Assets. I would love it if DigiByte was available in CoinFlip. #Bitcoin #Litecoin #DigiByte
- From europeanrefuge:
@BbRj10 @DGBAT_Official @Bitcoin Everyone knows it’s superior.
I never heard a valid reason why #Digibyte should not be up there with Bitcoin and Litecoin as decentralized kings.But I know one thing, if you want to buy big and cheap you be very silent about it.
- From DaddyCool1991:
The top dormant #Litecoin wallet over the past 8 yrs has over 47k #LTC in it, currently worth over $2,139,950NEVER BEEN MOVED
For a longer news piece related to LTC that’s been generating discussion, check out:
-Bitcoin news, price, information & analysis Litecoin has just flashed a buy signal on weekly timeframes, that could send the crypto market into an astronomical altseason….Litecoin could be the next to explode against Bitcoin, and it could bring with it an enormous altcoin season….NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins.