Litecoin (LTC) Closes Prior Hour Up 0.3%; in a Downtrend Over Past 30 Days, Heads Up For the 4th Straight Day

The Hourly View for LTC

Last Updated July 25, 2021, 02:051 GMT

At the time of this writing, LTC’s price is up $0.37 (0.3%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. As for the trend on the hourly timeframe, we see the clearest trend on the 20 hour timeframe. Of note is that the 200 hour changed directions on LTC; it is now pointing up. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Litecoin Daily Price Recap

Litecoin closed yesterday up 1.51% ($1.87); this denotes the 4th straight day it has gone up. The price move occurred on stronger volume; specifically, yesterday’s volume was up 16.26% from the day prior, and up 33.69% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to yesterday. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20 day moving averages, which may act as price barrier for the asset. The clearest trend exists on the 90 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 down 16 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From MASTERBTCLTC:

    Remember the bull market…when you go to sleep & you wake up & it’s much higher….we now are in the next leg up $LTC 🚀 #Litecoin🚀 #LitecoinTo3k

  • From HODL_Til_Lambo:

    @DrDoubloon @Michael29011011 @MooningD @SimplyCrypto4 @HarborTeaParty @Chuy338 @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @Ghostbatman117 @SteveNi96234828 @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @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 @elonmusk Dr Doubloon can you do the next video with your chicken!!!!! We know the chicken is apart of the #dogecoin and #Litecoin army!!!!

  • From DGB_LTC_J:

    @Newegg #Litecoin will be perfect..
    10 Year running with 100% uptime.
    Very low fees and very fast transactions.
    Come on @Newegg please support the #Litecoin community so that we can support you 👍