The Hourly View for LTC
Last Updated March 29, 2021, 02:046 GMT
Currently, LTC’s price is up $2.72 (1.48%) from the hour prior. LTC has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 200 hour moving average has been crossed, so that price is now turning above it. 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 came into today up 0.08% ($0.14) from the open of the day prior, marking the 3rd straight day an increase has occurred. As for how volume fared, yesterday’s volume was up 101.35% from the previous day (Saturday), and up 50.86% from Sunday of the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to the day prior. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
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 8 out of the past 14 days. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From MASTERBTCLTC:
- From DGB_LTC_J:
- From masterltcbtcbot:
As for a news story related to Litecoin getting some buzz:
Read more: What Is Litecoin And How Does It Work?…If you want to buy Litecoin or you already have some Litecoin you have to
find some safe place where you will put your Litecoin….Most common option is putting your Litecoin into a
software wallet….But, you have more options on what you can do with your Litecoin….Newest way to storing your Litecoin, is to put
your Litecoin into a hardware wallet….Litecoin use Litecoin’s Scrypt.