Litecoin 4 Hour Price Update
Updated April 23, 2020 05:38 AM GMT (01:38 AM EST)
The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 41.67 US dollars, down 0.55% ($0.23) from the previous 4 hours. 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
Litecoin is up 2.9% ($1.18) since yesterday, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 0.31% from the day before — and down 16.18% from the same day 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. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, the current price of Litecoin is sitting close to its 20 and 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. 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. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone down 9 them.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From johnkim77:
I’ve always wanted to be right about Bitcoin & Litecoin as hard, sound, better for of money. But ABOUTCDC, WHO, Gates, Fauci, Hillary, mandatory vaccination, Pedogate, pizzagate, human trafficking, MSM, Deep State, FED, Central Banks, Hollywood…I WISH I WAS WRONG.
- From MillstoneGlobal:
@RiggsBTC @sthenc @pierre_rochard Exactly; besides there is only 84M litecoin and once btc hits 50k, retail will look to accumulate ltc since all the upgrade that btc gets ltc will get it as well. Being a maxi is so old school. You can own both.
- From RedKatLife:
@nanodigitalcash @alangaustin I say use what you like!! I’ve paid with Litecoin many times & it WORKS. I’ve personally never used nano but I’m sure it works too. Crypto is about freedom of choice!
