Litecoin 4 Hour Price Update

Updated June 21, 2020 03:18 PM GMT (11:18 AM EST)

Litecoin is down 0.14% ($0.06) since the previous 4 hours, marking the 4th candle in a row a decrease has occurred. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the four-hour candle in terms of price change relative to the previous 4 hours.

43.58 (USD) was the opening price of the day for Litecoin, resulting in the day prior being one in which price moved up 1.73% ($0.74) from the day prior. The change in price came along side change in volume that was down 18.58% from previous day, but up 23.48% from the Saturday of last week. On a relative basis, the day prior was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class Lets take a look at the daily price chart of Litecoin.

Moving average crossovers are always interesting, so lets start there: Litecoin crossed above its 100 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Also of note is that on a 30 day basis price appears to be forming a base which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Litecoins price has gone down 8 of the previous 14 trading days.

Behold! Here are the top tweets related to Litecoin:

If Congress passes a $2,000 monthly stimulus, then Ill immediately buy $24,000 of #Bitcoin and Litecoin with my credit card. Ill then transfer the balance at 0% for 12 months. This is why you follow me folks!

#Litecoins blockchain has had 146,796,072 Outputs over 9 yrs.~99% of all #LTC historical outputs have been monetary.Want to have your voice heard? Let your money talk for you.#PayWithLitecoin

I have been working at a new job the past two weeks, I havent worked this hard in years. I. LOVE. EVERY. MINUTE. OF. IT. Why am I doing this? To stack as much litecoin as I can. #ltc #litecoin

For a longer news piece related to LTC thats been generating discussion, check out:

How to Keep your Identity Safe While Transacting Litecoin Crypto Press

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Litecoin (LTC) Down $0.18 On 4 Hour Chart, Outperforms All Top Cryptos to Start the Day; Breaks Above 100 Day Average - CFDTrading