The Hourly View for LTC
Last Updated July 14, 2021, 02:047 GMT
At the time of this writing, LTC’s price is up $0.86 (0.67%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 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
Litecoin closed the day prior down 1.42% ($1.89); this denotes the 2nd consecutive day a decline has happened. The price move occurred on stronger volume; specifically, yesterday’s volume was up 39.39% from the day prior, and up 71.07% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the day in terms of price change relative to the day prior. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 20 day averages, located at 135.92 respectively, and thus may be at a key juncture along those timeframes. 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. 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 15 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From litecoinlad:
Litecoin is so fucking fast… i really have no idea how it is not in the top 10 anymore…Tells how sketchy crypto really is.
#BITCOIN AND #LITECOIN ONLY. - From SteveNi96234828:
@DrDoubloon @liquidseahorse @Oonabot @Toddwade69420 @WeTheDoge1 @Ghostbatman117 @Chuy338 @HarborTeaParty @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @AMBASSADORTOUSA @MsiJeremy @Pin86939060 @TheWiseCrow1 @jenifang @WhitneyWalker33 @Rooster_Pi @Doge4faithfull @Michael29011011 @ImTravisG @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @HonestlyDoge @aaronjwithers @llbodiedll @BeefSupreme1776 @TheOnlyPghTrish @calic415 @SimplyCrypto4 @GIGACHAD2021 @iBeaQueen @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin Don’t worry , I’ve got $2 #LiteCoin left too!
Always great to see your vibe , so infectious. ❤️
#BoomToTheMoon - From MASTERBTCLTC:
Dogecoin is an open-source cryptocurrency started in 2013 by Jackson Palmer and Billy Markus. Dogecoin started as a joke based on a popular meme featuring a Shiba Inu (a Japanese breed of dog). It is based on Litecoin and has the same technology behind its proof-of-work.