Litecoin 4 Hour Price Update
Updated September 01, 2020 01:36 AM GMT (09:36 PM EST)
Litecoin closed the last 4 hour candle down 0.34% ($0.21); this denotes the 3rd straight candle it has gone down. 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 last 4 hour candle.
Litecoin Daily Price Recap
The back and forth price flow continues for Litecoin, which started today off at 60.98 US dollars, down 3.05% ($1.92) from yesterday. This move happened on lower volume, as yesterday’s volume was down 21.25% from the day before — and down 42.57% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Coming into today Litecoin is now close to its 20 day averages, located at 60.16 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 8 out of the past 14 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 CoinPayU:
We are glad to announce that two system improvements have been completed last week😎😀1. Mini withdrawal of degocoin litecoin and faucetpay is reduced to 5000 satoshi.2. SegWit bitcoin address is supported to withdraw as well as legacy bitcoin address.
- From Tytaninc:
I remember when I first got into crypto in 2017.The first crypto I bought was #Litecoin and after doing some brief research on it I was hooked.I had always enjoyed learning about things I had absolutely zero understanding in.Crypto pulled me in and I never left.
- From ultimateviet:
A lot of traders and investors have been burned by LTC over the past few years and now just hate on it. Instead of accumulating or buying back because they are too afraid those are the same people that will cry as it continues to pump to a new ATH. Facts!