Litecoin 4 Hour Price Update
Updated June 11, 2020 01:36 AM GMT (09:36 PM EST)
Litecoin came into the current 4 hour candle up 0.17% ($0.08) from the open of the previous 4 hours, marking the 3rd candle in a row an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin’s 5 day negative streak has officially concluded, as the candle from yesterday closed up 1.7% ($0.78). The price move occurred on stronger volume; specifically, yesterday’s volume was up 8.26% from the day prior, and up 15.23% from the same day the week before. On a relative basis, yesterday was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂 Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 20 and 50 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone down 6 of the previous 10 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From MASTERBTCLTC:
I’m in the phase where I don’t really want to tell people about bitcoin and litecoin anymore….I’d rather stack quietly & show off my bitcoin and litecoin privelage someday
- From RyanBRichards1:
#Litecoin has not been this flat in the past 3 years. If you dont think the big money is stacking then you dont understand how this works. Watch and learn.
- From g68_charlie:
@_theperfesser @Mashinsky @cryptocampfire @CustCarptry @AlonGoren oh ok i was scratching my head like how did i miss this lol
when i saw him speak at the litecoin summit i must have watched that 3 or four time to find a crack or something it sounded to good but i was just amazed at what i was hearing and im hearing the same thing on this live
