Litecoin (LTC) Up $0.46 in Last 4 Hours, Entered Today Up 2.7%; Crosses 20 and 50 Day Moving Averages

Fibo Quantum

Litecoin 4 Hour Price Update

Updated April 24, 2020 05:36 AM GMT (01:36 AM EST)

Litecoin entered the current 4 hour candle at 43.48 in US dollars, up 1.07% ($0.46) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd 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 up 2.7% ($1.13); this denotes the 3rd day in a row an upward move has occurred. The change in price came along side change in volume that was up 64.68% from previous day, but down 37.05% from the Thursday of last week. 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. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

Moving average crossovers are always interesting, so let’s start there: Litecoin crossed above its 20 and 50 day moving averages yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Also of note is that on a 14 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone up 16 out of the past 30 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 RobertW07123216:

    Today is the first time I’ve ever sold any of my #litecoin I’ve held since 2016 even through the 2017 highs. But @LTCFoundation are falling behind and going backwards. Sad day and I wish them all@the best but things need to change. @SatoshiLite @litecoindad @cryptorecruitr

  • From johnkim77:

    @litecoindad @SatoshiLite @DaddyCool1991 @cryptorecruitr @girlgone_crypto @CryptoWendyO @Hydeez411 @MerkleSeeds Litecoin or #litecoinfam doesn’t need charlie to succeed. If it did, then $LTC as a decentralized currency has failed. The plan has always been for Charlie to remove himself slowly but surely so that #LTC could become a global payment system for MOE and SOV that complements $BTC

  • From Crypto_keeper_J:

    @FomoLlama @legend_zog @CryptoVincelol @I_Make_Lemonade @HODLFUEL @RedKatLife @MikeKoop @jonnylitecoin @lisamightydavis @windmechanic Share his company and I will add it to the Litecoin App.
    Name Website ( if online) or address if a local business. Thanks.