Litecoin 4 Hour Price Update
Updated July 13, 2020 01:35 AM GMT (09:35 PM EST)
Litecoin closed the last 4 hour candle up 1.02% ($0.45); this denotes the 2nd candle in a row it has gone up. On a relative basis, the last 4 hour candle were pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂
Litecoin Daily Price Recap
The choppiness in the recent daily price action of Litecoin continues; to start today, it came in at a price of 44.71 US dollars, down 0% ($0) since yesterday. As for how volume fared, yesterday’s volume was up 70.79% from the previous day (Saturday), and up 68.58% from Sunday of 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 yesterday. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Coming into today Litecoin is now close to its 20, 50 and 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. Also of note is that on the 30 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For additional context, note that price has gone up 7 out of the past 14 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From tladd58:
@shreena74052483 @ROYALMRBADNEWS @litecoin_bull The Judges foreshadow of events either not yet exposed, or are known to happen in the near future. People tend to take it literally as in the now. Judges tell us if it’s in the now. Once this becomes clear, you realize, keep the message filed until needed.
- From DaddyCool1991:
#Litecoin’s highest daily hash rate during the last bull run was 114.0522 Thash/S when price was $243.82 on 1/5/2018#LTC’s hash rate the past 24 hrs is at 289.95 Thash/S & current price is at $44.86I wonder what the hash rate will be during the next bull run.
- From Raymond15111994:
@ROYALMRBADNEWS @litecoin_bull @keresen_bennath @LokisFrogNation @lisa_memere @M_O_T_H_3_R @stormborn888 @IiGoose @MunkeyPilot I used to listen to him all the time but after he said Field McConnal was a fraud I knew he was the fraud am I over the target there
