Litecoin 4 Hour Price Update
Updated July 03, 2020 03:20 AM GMT (11:20 PM EST)
Litecoin came into the current 4 hour candle up 0.41% ($0.17) from the open of the last 4 hour candle, marking the 3rd candle in a row an increase has occurred. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle.
Litecoin Daily Price Recap
41.05 (USD) was the opening price of the day for Litecoin, resulting in the day prior being one in which price moved down 1.79% ($0.75) from the day prior. The price move occurred on stronger volume; specifically, yesterday’s volume was up 12.59% from the day prior, and up 2.01% from the same day the week before. 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 the day prior. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 20 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 30 day horizon; over that time period, price has been moving down. Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Litecoin’s price has gone down 17 of the previous 30 trading days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:
- From johnkim77:
@IOHK_Charles @SatoshiLite Yes, keyword “before.”Any coin can have it’s day but #litecoin has been here since 2011 and has passed the test of time with zero downtime and over $500B transacted over it’s robust network. It’s about resilience, history, and reliability. Price will always do its thing.
- From SikeNawGaming:
@litecoin_bull @ROYALMRBADNEWS You aint the only one lol. What makes me more INCLINED to think they would do “UNHOLY THINGS” is Donald Trump’s NATURE! He believes “An Eye for An Eye!!!”. So if i was to take an educated guess, i’d say Trump would agree to whatever “TACTICS” the Military thinks is best! 😉😈👎🏾
- From Annalese_BNT:
What community is stronger on CT rn?I’m pretty sure #DigiByte has overcome #litecoin at the moment 👀Change my mind 🧠⬇️