Litecoin 4 Hour Price Update
Updated April 23, 2020 03:18 PM GMT (11:18 AM EST)
Litecoin closed the previous 4 hours up 3.25% ($1.36); this denotes the 2nd candle in a row an increase has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin is up 2.9% ($1.18) since the day prior, marking the 2nd day in a row an upward move has occurred. This move happened on lower volume, as yesterday’s volume was down 0.31% from the day before — and down 16.18% 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 the day prior. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, the current price of Litecoin is sitting close to its 20 and 50 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 90 day timeframe, which shows price moving down over that time. For another vantage point, consider that Litecoin’s price has gone down 6 of the previous 10 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 johnkim77:
I’ve always wanted to be right about Bitcoin & Litecoin as hard, sound, better for of money. But ABOUTCDC, WHO, Gates, Fauci, Hillary, mandatory vaccination, Pedogate, pizzagate, human trafficking, MSM, Deep State, FED, Central Banks, Hollywood…I WISH I WAS WRONG.
- From montante_justin:
@sthenc This Statement is retarded as if Bitcoin is already perfect and hasn’t needed Litecoin at all. dont forget who initiated Segwit 1st not to mention the King of Scrypt to transfer faster with lower fees. Of course LTC is needed its one of the only pure Alts in history No premine
- From MillstoneGlobal:
@RiggsBTC @sthenc @pierre_rochard Exactly; besides there is only 84M litecoin and once btc hits 50k, retail will look to accumulate ltc since all the upgrade that btc gets ltc will get it as well. Being a maxi is so old school. You can own both.