Litecoin (LTC) Down $0.52 On 4 Hour Chart; Entered Today Down 1.61%

Litecoin 4 Hour Price Update

Updated May 10, 2020 07:18 PM GMT (03:18 PM EST)

Litecoin closed the last 4 hour candle down 1.25% ($0.52); this denotes the 3rd candle in a row a decline has happened. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the last 4 hour candle in terms of percentage price change.

Litecoin Daily Price Recap

Litecoin entered today at 46.98 in US dollars, down 1.61% ($0.77) from the day prior. The price move occurred on volume that was down 0.19% from the day prior, but up 53.45% 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 the day prior. Let’s take a look at the daily price chart of Litecoin.

Litecoin Technical Analysis

Coming into today the current price of Litecoin is sitting close to its 20 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 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone down 16 out of the past 30 days.

Overheard on Twitter

Behold! Here are the top tweets related to 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 💥💥💥💥