Litecoin 4 Hour Price Update

Updated July 11, 2020 11:18 AM GMT (07:18 AM EST)

Litecoin is down 0.52% ($0.23) since the previous 4 hours, marking a reversal from the candle prior and the end of a 3 four-hour candle positive run. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours.

Litecoin is down 0.18% ($0.08) since the previous day, marking the 2nd day in a row it has gone down. The change in price came along side change in volume that was down 36.48% from previous day, but up 64.94% from the Friday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the previous day in terms of percentage price change. Below is a daily price chart of Litecoin.

Notably, the current price of Litecoin is sitting close to its 20, 50 and 100 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Also of note is that on a 90 day basis price appears to be forming a base which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days Litecoins price has gone down 16 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.

For laughs, fights, or genuinely useful information, lets see what the most popular tweets pertaining to Litecoin for the past day were:

@Cardano_Guy @CryptoIRELAND1 @litecoin @IOHK_Charles @_Cardano_ADA @HukAleksandra @TheCryptoLark Completely agree. Co-operation is what is required in the eco-system. Lets get rid of these squabbles and start to build the future; as long as were part of the ecosystem; after all, thats why this is blockchain 3.0

It seems like the spirit of the Cypherpunk Manifesto is in favor of experimentation and sharing of code to make a better world so forks & alts fit that.Again very different story if there was a fundraise that changes things a lot Im talking Litecoin, Monero etc.

This cryptocurrency, Dogecoin: shit started as a joke back in 2013, right?actually a pretty solid crypto with a silly name attached to it running on a similar code as Litecoin without a cap so its very volatile/reliable & low exchange fees

Originally posted here:

Litecoin (LTC) Down $0.23 On 4 Hour Chart, Started Today Down 0.18%; in an Uptrend Over Past 14 Days - CFDTrading