Litecoin 4 Hour Price Update
Updated August 17, 2020 01:35 AM GMT (09:35 PM EST)
64.29 (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 4.3% ($2.65) from the previous 4 hours. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!
Litecoin Daily Price Recap
Litecoin closed the previous day up 6.68% ($4); this denotes the 2nd consecutive day it has gone up. As for how volume fared, yesterday’s volume was up 19.26% from the previous day (Saturday), and up 228.93% from Sunday of the week before. On a relative basis, the previous day was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂 The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For additional context, note that price has gone up 9 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From MikeKoop:
Have you been accumulating Litecoin since July 27th in the $50 range?
I have a feeling that we don’t see $50’s for Litecoin for a very long time unless otherwise, I stay Bullish AF! time for a beer 🍻 👇
$LTC #litecoin #litecoinfam #LTC - From DR6am:
If you want to know why OXT is the fuel, look at what Litecoin did on Thanksgiving 2017. It went from $99 to $200 within an hour. People TELL their friends and their friends tell their friends. Crypto is going parabolic. HODL and accumulate.#crypto #cryptocurrency #hodl
- From kennedyforex:
I though ChainLink might be close to a local top but then realized Litecoin was trading at $60, so I immediately bought more ChainLink. $link $ltc
