Litecoin 4 Hour Price Update

Updated August 04, 2020 07:20 AM GMT (03:20 AM EST)

Litecoin closed the last 4 hour candle down 0.36% ($0.21); this denotes the 3rd candle in a row a decline has happened. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the last 4 hour candle in terms of percentage price change.

58.53 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which price moved up 3.14% ($1.78) from the previous day. This move happened on lower volume, as yesterdays volume was down 50.43% from the day before and down 55.31% from the same day the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to the previous day. The daily price chart of Litecoin below illustrates.

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. For additional context, note that price has gone up 9 out of the past 14 days.

Over on Twitter, here were the top tweets about Litecoin:

Just under $2.6 bln of #Litecoin was sent from #LTC addresses in the past week (27 Jul 2 Aug).Thats the equivalent of buying 619,991,295 fart cushions at $4.17 each on Amazon.

@panini_pamela @LTCtruth People Who Do Things Right On The Switch Over Will Not Need A Job Ever Again!Biggest Transfer Of Wealth On The Way! The Biggest Thing About Corona Is To Get People To Wake Up And Realize No Ceiling Level For What You Can Earn In The New World Coming! I Smell Opportunities!

Litecoin has a market cap of $3.8bn.What does Litecoin do again? RUNE has a market cap of $83m. Its about to battle-test bleeding edge blockchain tech which could draw huge rivers of liquidity and correlated value accrual.Arbitrary examples are my forte, thanks for asking.

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Litecoin (LTC) Down $0.21 Over Past 4 Hours, Started Today Up 3.14%; in an Uptrend Over Past 14 Days - CFDTrading