Litecoin (LTC) Down $0.36 On 4 Hour Chart, Started Today Down 1.61%; in a Downtrend Over Past 90 Days

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Litecoin 4 Hour Price Update

Updated May 10, 2020 03:18 PM GMT (11:18 AM EST)

Litecoin closed the previous 4 hours down 0.85% ($0.36); this denotes the 2nd candle in a row a decline has happened. 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 previous 4 hours.

Litecoin Daily Price Recap

The back and forth price flow continues for Litecoin, which started today off at 46.98 US dollars, down 1.61% ($0.77) from the previous day. The change in price came along side change in volume that was down 0.19% from previous day, but up 53.45% from the Saturday of last week. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to the previous day. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone down 6 of the previous 10 trading days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From FOMOBYDICK:

    Giving away 1 Litecoin $LTC on @BlockchainNote later on! If youre not already on the app head to your app store & search “Note Blockchain” The giveaway is exclusively for users of the platform so you have to interact with my giveaway post to be entered.
    #LitecoinFam

  • From DaddyCool1991:

    #Litecoin’s value & utility continually brings companies, teams, etc. to the Foundation looking for ways to work with #LTC Companies not owned or orchestrated by a pseudo-network managed by the coin itself, fabricating a false sense of coin usage.You’ll see what I mean soon.

  • From MASTERBTCLTC:

    Senators called for $2,000 cash payments to every American who earns less than $120,000. it would expand to $4,000 for married couples and also provided an extra $2,000 for each child up to three.Normally I would be opposed, however I’m ready to buy more litecoin 💥💥💥💥