Litecoin (LTC) Up $0.57 in Last 4 Hours, Started Today Down 2.82%; Crosses 200 Day Moving Average

Litecoin 4 Hour Price Update

Updated September 09, 2020 01:35 AM GMT (09:35 PM EST)

The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 47.34 US dollars, up 1.22% ($0.57) from the previous 4 hours. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.

Litecoin Daily Price Recap

The back and forth price flow continues for Litecoin, which started today off at 47.47 US dollars, down 2.82% ($1.38) from the day prior. This move happened on lower volume, as yesterday’s volume was down 8.27% from the day before — and down 47.9% 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 day prior. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

First things first: Litecoin crossed below its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone up 16 them.

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 lite_hause:

    What’ll happen over the next few years when coin founders who own large stashes of their coin drop the ball on their holders? It’s good that Litecoin already overcame that phase and is still thriving. The Q is, how hard will this affect other coins when their time comes? ⏰

  • From MASTERBTCLTC:

    We are now prepared to onboard new people. It’s so much easier now plus as bitcoin and litecoin price increase people will be begging to buy bitcoin & litecoin I remember 2017 being easy to tell a friend about it 2021 will be the same

  • From GreyEyedJewel:

    @litecoin_bull So many are waking up and it’s a very bitter pill to swallow!!! It’s heartbreaking that the left tries to blame President Trump for everything!!! Imagine being President Trump and carrying the weight of the world on your shoulders!!! #BestPresidentEver #TRUMP2020

As for a news story related to Litecoin getting some buzz:

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