Litecoin 4 Hour Price Update
Updated May 25, 2020 11:18 PM GMT (07:18 PM EST)
The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 42.94 US dollars, down 0.21% ($0.09) 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 came into today down 3.92% ($1.72) from the open of yesterday, marking the 2nd day in a row a decline has happened. The change in price came along side change in volume that was up 8.77% from previous day, but down 28.87% from the Sunday of last week. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to yesterday. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
The first thing we should note is that Litecoin is now close to its 20 and 50 day averages, located at 44.24 and 44.09 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving down. For another vantage point, consider that Litecoin’s price has gone up 15 of the previous 30 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From DaddyCool1991:
#Litecoin’s hashrate on 5/23/2017 was 6.8142 T
#LTC’s hashrate today, 5/23/2020 is 201.6057 TThe current hashrate is only about 64 T above the bottom over the past 2 years (around 137 Te), yet is still over 29.5x higher than 3 years ago. - From DaddyCool1991:
In the last 24 hours, out of 25,666 #Litecoin sent trx’s, 22,109 of those trx’s cost $0.02 or less (87% of all trx’s).1,432 cost $0.04
1,106 cost $0.06
328 cost $0.08
781 cost $0.10+Median value of a #LTC sent trx was $59.11
Medican cost of a LTC sent trx was $0.0011 - From litecoin_bull:
The #Litecoin community is plagued with bullying!. When Some asshole who has been in #crypto one week and instantly an expert! Yes that old chestnut! Just remember when you hurl that onslaught of abuse there is another human on the receiving end! #Crypto is about COMMUNITY.