Litecoin – Litecoin (LTC) Closes Prior Hour Down -0.21%; Strikes Up For the 2nd Consecutive Day, in an Uptrend Over Previous 14 Days, Pin Bar Sample Showing on Chart
The Hourly View for LTC
Final Up to date November 21, 2020, 02:036 GMT
At the moment, LTC’s price is down $-0.18 (-0.21%) from the hour prior. That is the 2nd straight hour LTC has seen its price head down. Relating to the development, observe that the strongest development exists on the 20 hour timeframe. price motion merchants may additionally want to observe that we see a pin bar candlestick sample on LTC. On condition that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns usually denote reversals, this may be worth noting. The transferring averages on the hourly timeframe recommend a bearishness in price, because the 20, 50, 100 and 200 are all in a bearish alignment — which means the shorter period transferring averages are under the longer period averages, implying a steady downward development.
Litecoin Each day price Recap
Litecoin got here into at present up 1.19% ($0.97) from the open of yesterday, marking the 2nd consecutive day a rise has occurred. This transfer occurred on decrease quantity, as yesterday’s quantity was down 16.74% from the day earlier than — and down 30.44% from the identical day the week earlier than. These buying and selling throughout the Prime Cryptos asset class ought to know that Litecoin was the worst performer within the class throughout yesterday. Under is a every day price chart of Litecoin.
Litecoin Technical Evaluation
The clearest development exists on the 14 day timeframe, which exhibits price transferring up over that point. For added context, observe that price has gone up 7 out of the previous 10 days. And for candlestick merchants, a particular deal with: there’s a pin bar sample displaying up on the charts as properly. Rejoice!
