Litecoin 4 Hour Price Update
Updated August 03, 2020 03:19 AM GMT (11:19 PM EST)
57.52 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved up 1.36% ($0.77) from the previous 4 hours. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.
Litecoin Daily Price Recap
The end of a 3 day positive run has come for Litecoin, which finished the previous day down 8.04% ($4.96). The price move occurred on stronger volume; specifically, yesterday’s volume was up 20.67% from the day prior, and up 116.84% from the same day 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 the previous day. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
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 another vantage point, consider that Litecoin’s price has gone up 8 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From TheBitfi:
It kind of crazy that Litecoin & BitcoinCash have a much higher market cap than #DigiByte. That’s why we are buying as much as of it as we can. If everything was always at the price it should be, there would never be any way of making money from investing.
- From lite_hause:
Most Litecoin holders I’ve talked to don’t give a crap about Charlie Lee selling his coins. It seems like most people clinging onto this are other-coiners trying to find a reason to hate Litecoin.
- From nebraskangooner:
I picked up some #Litecoin on that dump.Hard to imagine it going back below $48 any time soon.Long term investment for this one. Off to the cold wallet.Lowest I ever see it going is $19 (seems unlikely now).