Litecoin 4 Hour Price Update
Updated June 04, 2020 11:19 PM GMT (07:19 PM EST)
Litecoin entered the current 4 hour candle at $47.46, up 0.55% ($0.26) from the previous 4 hours. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
47.13 (USD) was the opening price of the day for Litecoin, resulting in the day prior being one in which price moved up 2.41% ($1.11) from the day prior. This move happened on lower volume, as yesterday’s volume was down 59.73% from the day before — and down 5.14% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the day prior in terms of percentage price change. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 100 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 7 out of the past 14 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From CryptoCobby:
I have been super bullish on Litecoin ever since I lost my crypto virginity back in early 2017! Litecoin was my largest holding up until the LTC halving where I traded 80% of my LTC bag into ETH and LINK…. I am still a believer in LTC as the fixed supply model is a winner!
- From johnkim77:
I had lunch today with a business mentor who got into #litecoin in 2018 bc of me.I told him that if ppl are still trying to open a business that our parents were able to w/out internet and english then they are doing it wrong. Embrace the power of internet and think global.
- From DaddyCool1991:
Since March of 2017 the avg. amount of #Litecoin transactions per day has multiplied by 16x to over 35k & has risen by close to ~35-40% from the latter half of 2019.
