Litecoin 4 Hour Price Update

Updated July 18, 2020 03:18 PM GMT (11:18 AM EST)

Litecoin closed the previous 4 hours up 0.31% ($0.13); this denotes the 3rd candle in a row an increase 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 previous 4 hours.

Litecoin is down 0.43% ($0.18) since the previous day, marking the 5th day in a row a decline has happened. This move happened on lower volume, as yesterdays volume was down 56.16% from the day before and down 25.51% 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. Below is a daily price chart of Litecoin.

Coming into today Litecoin is now close to its 20, 50 and 100 day moving averages, which may act as price barrier for the asset. Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing. Or to view things another way, note that out of the past 10 days Litecoins price has gone down 7 them.

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

The first time I ever heard of Litecoin was from people talking crap about it somewhere on the internet. They mentioned Charlie Lee, I youtubed him, and he made perfect sense to me and so did Litecoin. So yes, in a sense, any publicity is good publicity..

Remember when Litecoin was in the low 20s last year and a few months later, it was over 100?Its only a matter of time before that volatility returns.

@litecoin_bull @ROYALMRBADNEWS Since I saw the Wayfair alphabet kids I havent been able to sleep. Its one thing to know, its quite another to see. Im trying to be strong but Im kinda losing it. Thank God for God!

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Litecoin (LTC) Up $0.43 Over Past 4 Hours, Moves Down For the 5th Day In A Row; Price Base in Formation Over Past 14 Days - CFDTrading