Litecoin 4 Hour Price Update
Updated May 03, 2020 03:18 PM GMT (11:18 AM EST)
The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 47.38 US dollars, down 3.13% ($1.53) since the previous 4 hours. 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 previous 4 hours.
Litecoin Daily Price Recap
Litecoin came into today up 4.52% ($2.13) from the open of the day prior, marking the 2nd day in a row an upward move has occurred. As for how volume fared, yesterday’s volume was up 2.33% from the previous day (Friday), and up 1.81% from Saturday of the week before. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the day prior. Congrats to its holders! Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. For another vantage point, consider that Litecoin’s price has gone up 7 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 TheRealXinxi:
To be clear, I still have some Bitcoin and Litecoin. And I believe they will have a bright future long-term wise.But you never know how low it could go during the possibly incoming Great Depression. So I cashed out some to survive this winter.
- From BoilingPointLLC:
damn I’m feeling major FOMO right now. I seriously want to trade a good chunk of my #Litecoin for #DigiByte right now. #DGB has far more upside IMO.
- From landyren:
@BoilingPointLLC I traded most of my litecoin for digibyte a few months back and haven’t looked back since. Digibyte has greater upside potential IMO
As for a news story related to Litecoin getting some buzz:
If a Litecoin wallet is like a gmail account, then the LTC address is like an email address….Just like how you send you emails to other people’s email addresses, you send LTC to their LTC address….If a LTC address is like your email address, then a private key is like your password….Similarly, you can only send LTC if you have the right private key to your address….In other words, your wallet can not sent LTC without the private keys….All of these addresses are yours and all of them have different private keys.