Litecoin (LTC) Down $0.22 in Last 4 Hours, Started Today Down 0.13%; Pin Bar Pattern Appearing on Chart

Litecoin 4 Hour Price Update

Updated July 24, 2020 01:35 AM GMT (09:35 PM EST)

44.98 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the previous 4 hours being one in which price moved down 0.49% ($0.22) from the previous 4 hours. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.

Litecoin Daily Price Recap

44.98 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved down 0.13% ($0.06) from yesterday. The price move occurred on stronger volume; specifically, yesterday’s volume was up 64.39% from the day prior, and up 6.35% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to yesterday. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

Coming into today Litecoin is now close to its 20, 50 and 100 day averages, located at 43.53, 43.7 and 44.1 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone down 6 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

Overheard on Twitter

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

  • From DaddyCool1991:

    I bought GBTC from @GrayscaleInvest through @CharlesSchwab Schwab each of the past 3 weeks, like I mentioned I would.Seems to be working out for me at the moment.I can’t wait for the #Litecoin LTCN option to become available. I’m going to eat that one up, too.

  • From Asadharari:

    Almost everyone and I mean everyone who said they “loved #litecoin because of the technology” has dumped #ltc because it’s price. I cant wait to wake up to 50% gains on LTC to shit talk ?

  • From lite_hause:

    The only way @jack can make it up to us for not giving @SatoshiLite his account back is adding Litecoin to @CashApp. Who else agrees? ?