Litecoin 4 Hour Price Update
Updated August 24, 2020 01:36 AM GMT (09:36 PM EST)
The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 60.72 US dollars, down 0.69% ($0.42) since the last 4 hour candle. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the last 4 hour candle.
Litecoin Daily Price Recap
Litecoin came into today up 0.5% ($0.3) from the open of yesterday, marking the 2nd straight day an increase has occurred. This move happened on lower volume, as yesterday’s volume was down 21.56% from the day before — and down 16.87% 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 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone up 19 of the previous 30 trading days. As for those who trade off of candlesticks, we should note that we’re seeing pin bar pattern appearing here.
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 GreyEyedJewel:
@litecoin_bull My dear friend who is a trauma nurse said that EVERYONE who dies, no matter if it’s murder, suicide, accident or health related, they are tested for COVID!!! If the test positive, it is counted as a Covid death!!! #StopTheLies #EnoughIsEnough #DemocratsAreTheDisease
- From marilyn_clawson:
@litecoin_bull @PlastiksurgeonE @ProperCaliforn1 @ROYALMRBADNEWS @imillhiser You know what helped me accept the doubles? You’ll probably laugh….Do any of you remember the movie “Dave” with Kevin Kline? He was a double for the President…..it was made in the early 90’s. You know Hollywood….sometimes they get true info out there.
- From AGENTJUSTICE4AL:
@litecoin_bull @ROYALMRBADNEWS WE NEED CHANGE IN CANADA.. 2 DIPSHIT LEADERS RUINING US..WE HAVE A JOURNSLIST..WHO IS BEING PAID FOR 2 POSITIONS..DEP. PRIME MINISTER..AND NOW FINANCE MINISTER IN HISTORY THERE HAS NEVER BEEN A DEP.
P.M…..AND A PART TIME DRAMA TEACHER RUNNING US WITH A BACK POCKET FULL OF YUAN
For a longer news piece related to LTC that’s been generating discussion, check out:
What Is Litecoin? | Here’s All You Need to Know About LTC – Coindoo
Litecoin (LTC) is one of the most popular cryptocurrencies in the world….While Bitcoin has long transaction times, LTC makes it cheaper and faster….While Bitcoin could certainly be used to store value or for long term investments, Litecoin can be used for payments….While Litecoin users may utilize 0.05 LTC or 10 LTC to make normal payments, BTC users would need even smaller amounts….Litecoin is not only helping users who want to process payments, but it is also a good virtual currency to hold….Litecoin is one of the most popular virtual currencies in the world.