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:
This gifting platform is a proud supporter of payments via Litecoin, Ethereum, Bitcoin, Bitcoin Cash, Dash, and XRP, along with traditional payment options like VISA and Amex….Snel supports a total of 20+ payment options, making their service easily accessible. CryptoGames is a gambling website where you can play with cryptocurrency and bag your winnings….Towards the end of October 2020, PayPal outlined its vision for a whole new service that would allow its users to purchase, hold, and sell several cryptocurrencies, including Litecoin….Many websites that accept Litecoin are often using the same payment gateway to accomplish this….You can learn how to accept cryptocurrency for your business using payment gateways like NOWPayments here….It’s clear that most of the well-known names in the business world currently do not accept Litecoin or any other cryptocurrency.