The Hourly View for LTC
Last Updated April 29, 2021, 06:016 GMT
At the moment, Litecoin’s price is up $1.35 (0.53%) from the hour prior. This is the 2nd consecutive hour Litecoin has seen its price head up. Regarding the trend, note that the strongest trend exists on the 100 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
The choppiness in the recent daily price action of Litecoin continues; to start today, it came in at a price of 258.82 US dollars, down 0.49% ($1.27) since yesterday. The price move occurred on volume that was up 4.3% from the day prior, but down 33.51% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to yesterday. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Notably, Litecoin crossed below its 20 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 15 out of the past 30 days. Also, candlestick traders! Note we see pin bar pattern appearing here as well.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From LitecoinForever:
- From Igpamdec:
@TAAdeiye @tosinolaseinde I started with 45k in Ethereum @ N100k and Litecoin last year during lockdown. Then January this year I invested 13$ which was N6350 that gave me about 100k by march. There are so many innovations and opportunities in this space. You just need to start, learn and be patient.
- From jeffscottward:
As for a news story related to Litecoin getting some buzz: