Litecoin (LTC) Closes Last Hour Up $0.82; in a Downtrend Over Past 14 Days, Moves Down For the 9th Straight Day

The Hourly View for LTC

Last Updated July 21, 2021, 19:16 GMT

At the moment, Litecoin’s price is up $0.82 (0.71%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Litecoin Daily Price Recap

Litecoin came into today down 5.18% ($5.86) from the open of yesterday, marking the 9th straight day a decrease has occurred. The price move occurred on volume that was up 55.84% from the day prior, but down 19.02% from the same day the week before. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during yesterday. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Litecoin’s price has gone down 18 of the previous 30 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 DrDoubloon:

    @Michael29011011 @HarborTeaParty @SimplyCrypto4 @Chuy338 @RegChavez3 @LadyDogeBugBird @GloryDoge @sgtesco @FadilijaS @Ghostbatman117 @SteveNi96234828 @bholman24930782 @DogeCoinMilitia @Outerspacefris1 @BigImpactHumans @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @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 @BITMAINtech @litecoin my man i mine dogecoin and litecoin i get abt 87 litecoin day in Sweden for my mining equipment . right now its manipulation to the finest. who going to mine 1000 litecoin a day if they dont no something ?? 1073500.00 dollar a day they making

  • From lite_hause:

    I once dm’d a very popular Bitcoin maxi (who’s done a lot for the space) and asked if he knew why Litecoin’s trading volume was so high relative to its market cap. Only response was “a lot of exchanges lie about volume”. That’s when I knew even “experts” can be highly ignorant.

  • From MoonsieDoomsie:

    @flappening I have lost all hope and confidence in this coin. I have been holding it fot years and it only resulted in rekt and depression. Not am I just ready for inevitable further pain (mega crash), but it is all I have come to expect from litecoin. I am gonna suicide soon.

As for a news story related to Litecoin getting some buzz:

What places accept Litecoin? Pay with Litecoin | NOWPayments

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