Litecoin (LTC) Up $0.33 On 4 Hour Chart, 2 Day Up Streak Ended; in an Uptrend Over Past 14 Days

Fibo Quantum

Litecoin 4 Hour Price Update

Updated May 01, 2020 05:35 AM GMT (01:35 AM EST)

46.76 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the last 4 hour candle being one in which price moved up 0.71% ($0.33) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the last 4 hour candle in terms of percentage price change.

Litecoin Daily Price Recap

46.37 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved down 5.02% ($2.45) from yesterday. As for how volume fared, yesterday’s volume was up 8.28% from the previous day (Wednesday), and up 156.49% from Thursday of the week before. 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 yesterday. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. Traders will also want to note, though, that a counter trend — meaning a trend going up — can be seen on the 14 and 30 day timeframes. This may setup an interesting opportunity for traders looking to sell rallies in anticipation of the primary trend resuming. For additional context, note that price has gone up 8 out of the past 14 days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From litecoin_bull:

    The two problems with #Litecoin haters is 1) they decided to be a hater because they watched one yt video 2) that video was made by someone who followed some other #Ltc hater! Be careful what you see and hear anywhere do your own research! 👍💰

  • From MASTERBTCLTC:

    You can buy 185 litecoin with 1 bitcoin Litecoin can easy go for 50 litecoin for 1 bitcoin #ltc🚀 #litecoin🚀

  • From johnkim77:

    A rising tide lifts all boats. Litecoin and other good alts will pump next. 😎