The Hourly View for LTC

Last Updated October 20, 2020, 11:15 GMT

Currently, LTCs price is up $0.12 (0.25%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. 3 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 closed the day prior up 0.95% ($0.45); this denotes the 2nd straight day an increase has occurred. The price move occurred on volume that was up 74.38% from the day prior, but down 43.58% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 5th since the day prior in terms of percentage price change. The daily price chart of Litecoin below illustrates.

Notably, Litecoin crossed above its 200 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 30 day horizon; over that time period, price has been moving up. For another vantage point, consider that Litecoins price has gone up 17 of the previous 30 trading days.

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

@litecoin_bull @SuperPowersT @CanadaSpecialA1 @basil_ireton @Cleopat82469861 @USMarshalsHQ @USMC @FBI @RCMPONT Along with the facts larps wouldnt know about Snowden sleeping in the brigg.

Just finished the last of my three buys from the land I sold Just converted a 10 acre timber property I owned for litecoin

@USMarshalsHQ @USMC @FBI @RCMPONT @ROYALMRBADNEWS @litecoin_bull Wayne Emmerson has some interesting connections to summer camps Stouffville area nice satanic symbolism in camp website photos. Heads of camps Connects to Trudeaus favorite camps.

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Litecoin (LTC) Price Near $47.78; Heads Up For the 2nd Straight Day, Breaks Above 200 Day Average, is Inching Close to 50 Day Average - CFDTrading