Litecoin 4 Hour Price Update
Updated April 25, 2020 07:18 AM GMT (03:18 AM EST)
Litecoin closed the last 4 hour candle up 1.03% ($0.46); this denotes the 2nd candle in a row it has gone up. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Litecoin Daily Price Recap
Litecoin came into today up 3.58% ($1.54) from the open of the day prior, marking the 4th day in a row an increase has occurred. As for how volume fared, yesterday’s volume was up 19.63% from the previous day (Thursday), and up 114.76% from Friday of the week before. On a relative basis, the day prior was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂 The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
Notably, Litecoin is now close to its 20 day averages, located at 42.68 respectively, and thus may be at a key juncture along those timeframes. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving down. Traders will also want to note, though, that a counter trend — meaning a trend going up — can be seen on the 30 day timeframe. If you’re looking to trade the primary trend, this may be a good opportunity to sell rallies created by the counter trend. For additional context, note that price has gone up 7 out of the past 14 days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From DaddyCool1991:
Fundamentals & long term strategy are more important than a price.#Litecoin’s fundamentals & strategy are like a garden. Most of what happens, happens out of sight.If you need to constantly complain about what you cannot see before it is ready, you don’t know how to garden.
- From QuickBitEU:
In March #quickbit generated most trx in the 🌍 on #Litecoin (LTC) network 💪 2nd time in QB history. Why LTC? Speedy confirmations & trx coupled with lower costs allowing high velocity volumes. The ❤️ for @Quantoz, the #blockchain tech and our partner in achieving this is real
- From Sean17475349:
@MASTERBTCLTC @CashApp @CashSupport @johnkim77 @AltcoinDailyio @SatoshiLite @LTCFoundation @Benaskren @jonnylitecoin @aantonop @TheCryptoZombie @jack Everyone should add Litecoin to everything. It’s on every exchange, actually USED as a currency. I’m more concerned about why it wasn’t put on there by default?
As for a news story related to Litecoin getting some buzz:
Crypto Berita Informasi Currency Cash Market Bitcoin Blockchain Uang Digital Litecoin Movie We Summon the Darkness diprakarsai oleh Foundation LTC….Movie We Summon the Darkness membuktikan Litecoin mampu merambah dunia produser movie atau film cinema.