Litecoin 4 Hour Price Update

Updated July 11, 2020 01:36 AM GMT (09:36 PM EST)

44.25 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the last 4 hour candle being one in which price moved up 0.23% ($0.1) from the last 4 hour candle. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.

Litecoin closed the day prior down 0.18% ($0.08); this denotes 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. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to the day prior. Here is a daily price chart of Litecoin.

The first thing we should note is that Litecoin is now close to its 20, 50 and 100 day moving averages, which may act as price barrier for the asset. 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. Price action traders in particular will want to note that the 90 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. For another vantage point, consider that Litecoins price has gone down 16 of the previous 30 trading days. 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

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

@CoinDesk @SatoshiLite @LitecoinProject @CoinDesk you can swap Litecoin for $Beam in Beam Desktop Wallet a decentralized marketplace. Beam has Atomic Swaps for $BTC, $LTC, and $QTUM. Bring some LTC to the Beam community.

See original here:

Litecoin (LTC) Up $0.1 Over Past 4 Hours, Entered Today Down 0.18%; Price Base in Formation Over Past 90 Days - CFDTrading