Litecoin (LTC) Up $0.04 Over Past 4 Hours, Underperforms All Top Cryptos to Start the Day; Moves Down For the 4th Day In A Row

Fibo Quantum

Litecoin 4 Hour Price Update

Updated June 09, 2020 01:36 AM GMT (09:36 PM EST)

Litecoin is up 0.09% ($0.04) since the previous 4 hours, marking a reversal from the candle prior — and the end of a 4 four-hour candle negative run. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the previous 4 hours.

Litecoin Daily Price Recap

Litecoin is down 0.34% ($0.16) since the day prior, marking the 4th day in a row it has gone down. This move happened on lower volume, as yesterday’s volume was down 17.11% from the day before — and down 39.69% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the day prior. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20 and 50 day averages, located at 45.21 and 44.97 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone down 8 them.

Overheard on Twitter

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

  • From nanogamesio:

    Congratulations to our winners of $5 each-#litecoin #LTC @MaxJon444
    @sarumpet5$banano #banano @johnntossaint89
    @yanzifernandezThanks for participating in another great giveaway weekend!

  • From LocalCryptosEN:

    To prepare for free trading on Monday, you can post your Litecoin offer now ahead of the launch.The marketplace will go live on June 15 at midnight UTC.

  • From SydneyIfergan:

    Increasing numbers of businesses are beginning to accept #Litecoin (#LTC). Some openly express that they love Litecoin as a payment..@LTCFoundation .@litecoin

In terms of news links for Litecoin here’s one to try:

Litecoin is trading on LocalCryptos next week! — LocalCryptos Blog

The world’s most popular non-custodial P2P crypto marketplace….On June 15, Litecoin will be trading on the most popular non-custodial P2P marketplace.