The Hourly View for LTC
Last Updated July 21, 2021, 10:16 GMT
At the time of this writing, Litecoin’s price is up $0.2 (0.18%) from the hour prior. Litecoin has seen its price go up 5 out of the past 5 hours, thus creating some compelling opportunities for bulls. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. Price action traders may also wish to note that we see a doji candlestick pattern on Litecoin. Given that we see an uptrend on the 20 and 10 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. 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
Litecoin is down 5.18% ($5.86) since yesterday, marking the 9th straight day a decrease has occurred. The price move occurred on volume that was up 55.84% from the day prior, but down 19.02% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 7 of the assets in the Top Cryptos asset class during yesterday. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Litecoin’s price has gone down 12 of the previous 14 trading days.
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 DrDoubloon:
@Michael29011011 @HarborTeaParty @SimplyCrypto4 @Chuy338 @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @Ghostbatman117 @SteveNi96234828 @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @AMBASSADORTOUSA @MsiJeremy @Pin86939060 @TheWiseCrow1 @jenifang @WeTheDoge1 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @ImTravisG @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @HonestlyDoge @aaronjwithers @BeefSupreme1776 @TheOnlyPghTrish @calic415 @GIGACHAD2021 @iBeaQueen @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @BITMAINtech @litecoin my man i mine dogecoin and litecoin i get abt 87 litecoin day in Sweden for my mining equipment . right now its manipulation to the finest. who going to mine 1000 litecoin a day if they dont no something ?? 1073500.00 dollar a day they making
- From MoonsieDoomsie:
@flappening I have lost all hope and confidence in this coin. I have been holding it fot years and it only resulted in rekt and depression. Not am I just ready for inevitable further pain (mega crash), but it is all I have come to expect from litecoin. I am gonna suicide soon.
- From MASTERBTCLTC:
How could you be a bear when we are literally switching to a new monetary system before you eyes? $BTC #Bitcoin $LTC 🚀 #Litecoin🚀
As for a news story related to Litecoin getting some buzz:
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