Litecoin 4 Hour Price Update

Updated July 10, 2020 07:19 AM GMT (03:19 AM EST)

Litecoin closed the last 4 hour candle down 0.99% ($0.44); this denotes the 2nd 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 last 4 hour candle.

Litecoin entered today at $44.37, down 2.14% ($0.97) from the previous day. The price move occurred on volume that was down 30.06% from the day prior, but up 58.99% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous day in terms of percentage price change. The daily price chart of Litecoin below illustrates.

The first thing we should note is that 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. 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. For additional context, note that price has gone up 8 out of the past 14 days.

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

Our $LTC Litecoin wallet is now offline for maintenance.When it comes back online, your LTC wallet address will be differentIf you have your old address whitelisted or saved anywhere you MUST update it, as any funds sent to the old address will not be recoverable.

Im going to keep this giveaway going for quite a while longer.I want to give this sponsor more exposure since we had a few big giveaways that hid this sponsors giveaway time of $60 in LiteCoin.

I also like to think of #Litecoin as digital land. If Litecoin were the size of the U.S. one litecoin would be the equivalent of 460 acres of land. At $46 per #LTC this means you can buy up this digital land at $.10/acre. The land rush is on! Head West young man and get some!

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Litecoin (LTC) Down $0.44 Over Past 4 Hours, Started Today Down 2.14%; Price Base in Formation Over Past 90 Days - CFDTrading