The Hourly View for LTC
Last Updated March 16, 2021, 05:016 GMT
At the moment, Litecoin’s price is up $0.45 (0.23%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as Litecoin has now gone up 4 of the past 5 hours. Regarding the trend, note that the strongest trend exists on the 20 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
Litecoin closed yesterday down 6.19% ($13.26); this denotes the 2nd straight day it has gone down. The price move occurred on stronger volume; specifically, yesterday’s volume was up 88.56% from the day prior, and up 47.74% from the same day the week before. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during yesterday. Here 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. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 7 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From johnkim77:
In 2017 many ICO’s went ballistic in price, but in the end #Litecoin showed who is the KING of ALTS. In a Marathon, those that start strong doesn’t always win. Keeping a good pace and finishing strong is more important.8791 #cryptos wish they were 1 of 4 on paypal and venmo.
- From johnkim77:
- From TheCryptoLark:
#litecoin will pump to new highs soon, it is well primed for a run. I took a big position around $182. In it for a good time, not a long time.
In terms of news links for Litecoin here’s one to try:
Android X comfort with junior to years of experience to review code help drive down the tech debt with moderately simple issues….Litewallet can import your current Litecoin wallet quickly and
easily so you can take your existing wallet with you.