Litecoin (LTC) Down $0.16 On 4 Hour Chart, Entered Today Up 1.54%; in a Downtrend Over Past 14 Days

Litecoin 4 Hour Price Update

Updated May 13, 2020 07:18 PM GMT (03:18 PM EST)

The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 43 US dollars, down 0.37% ($0.16) from the previous 4 hours. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.

Litecoin Daily Price Recap

The end of a 3 day negative run has come for Litecoin, which finished the day prior up 1.54% ($0.64). The price move occurred on volume that was down 38.5% from the day prior, but up 3.12% 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. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

The first thing we should note is that Litecoin is now close to its 50 day moving averages, which may act as price barrier for the asset. 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 16 of the previous 30 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From l3l2ucelee:

    When Litecoin makes that comeback, don’t come to my side of twitter if you been a hater. The fud folder is still alive and well.

  • From johnkim77:

    I don’t know anyone who knows more about sound money than charlie. This wisdom has been passed down from generations in the Lee family. Others can work on marketing and becoming liquid while Litecoin makes sure the foundations are solid so it can withstand any storm.

  • From Abentley77:

    Hey if you are following me and litecoin is in your bio please do me a favor and unfollow and block me. Thanks in advance!

In terms of news links for Litecoin here’s one to try:

Let’s Talk About Litecoin Nodes — The Litecoin School

A Full Litecoin Node is an integral component of the Litecoin Network because it validates the blockchain….Therefore this would be an appropriate term to describe a publicly connectable Full Litecoin Node….In order to activate this within a Litecoin client functioning as a node, you must make it publicly connectable….In light of this, a Miner’s Node can be further subcategorized as either a Solo Miner’s Full Node or a Pool Miner’s Full Node.