The Hourly View for LTC
Last Updated June 21, 2021, 02:046 GMT
Currently, LTC’s price is down $-0.66 (-0.43%) from the hour prior. It’s been a feast for bears operating on an hourly timeframe, as LTC has now gone down 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.
Litecoin Daily Price Recap
The back and forth price flow continues for Litecoin, which started today off at 154.86 US dollars, up 1.37% ($2.09) from the day prior. The price move occurred on stronger volume; specifically, yesterday’s volume was up 46.45% from the day prior, and up 1.07% from the same day the week before. Out of the 7 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
Or to view things another way, note that out of the past 30 days Litecoin’s price has gone down 18 them. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!