Litecoin (LTC) Up $0.02 Over Past 4 Hours, Makes Big Move Relative to Past Month; in an Uptrend Over Past 14 Days

Litecoin 4 Hour Price Update

Updated June 03, 2020 01:36 AM GMT (09:36 PM EST)

45.72 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the last 4 hour candle being one in which price moved up 0.04% ($0.02) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.

Litecoin Daily Price Recap

Litecoin entered today at $46.02, down 4.66% ($2.25) from yesterday. As for how volume fared, yesterday’s volume was up 87.45% from the previous day (Monday), and up 68.66% from Tuesday of the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

The first thing we should note is that the current price of Litecoin is sitting close to its 20, 50 and 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Also of note is that on the 30 and 90 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 5 them.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From DaddyCool1991:

    It took the last 5.5 months of 2012 for $1,922,036 of #Litecoin to be sentYesterday it took 8 minutes. As in only 480 seconds.$346,928,424 #LTC was sent in the past 24 hrs; 10.71% of the total market cap of $3,239,013,677

  • From SatoshiLite:

    @DavidBurkett38 @ecassidy47 @Jekyll_uk @grinMW @litecoin But if you have LTC, it’s easier to move your coins to the extension block than it is to move your coins to Grin. From that perspective, the EB is just another chain but which supports cross chain pegs.

  • From DavidBurkett38:

    @ecassidy47 @Jekyll_uk @SatoshiLite @grinMW @litecoin On litecoin, it’s on an extension block. So you have to actually move your coins there. Not everyone will, and not all services will support it. So the privacy and scalability will be better on grin, where mw is the only way to transact.