Litecoin 4 Hour Price Update

Updated July 28, 2020 07:19 PM GMT (03:19 PM EST)

Litecoin came into the current 4 hour candle up 2.13% ($1.18) from the open of the last 4 hour candle, marking the 3rd candle in a row an upward move has occurred. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the last 4 hour candle. Congrats to its holders!

The back and forth price flow continues for Litecoin, which started today off at 53.35 US dollars, up 10.85% ($5.22) from the day prior. As for how volume fared, yesterdays volume was up 140.5% from the previous day (Sunday), and up 1067.77% from Monday of the week before. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 2nd for the day in terms of price change relative to the day prior. Below is a daily price chart of Litecoin.

Moving average crossovers are always interesting, so lets start there: Litecoin crossed above its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Litecoins price has gone down 15 them.

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

46,727 new non-zero #Litecoin wallet addresses in the last 24 hrs is the most in 1 day since 47,317 on March 8, 2020.347,036 were the most new non-zero addresses ever added in 1 day, back on January 4, 2018.

20 year old me is highly unimpressed with how poorly 33 year old me handles 4 beers at home with a friend.But heyif Litecoin and Tron can still be in the top 20 then I can make it through the day too.

For the bazillionth time, a decentralized #cryptocurrency is one to which the blockchain it derives from does not have a single point of failure, control, voting, mining, trx validation, etc.#Litecoin is decentralized because the blockchain is decentralized. Period.

More here:

Litecoin (LTC) Up $1.73 Over Past 4 Hours, Makes Big Move Relative to Past Three Months; in an Uptrend Over Past 14 Days - CFDTrading