Litecoin (LTC) Down $0.07 Over Past 4 Hours, Entered Today Up 0.65%; Pin Bar Pattern Appearing on Chart

Fibo Quantum

Litecoin 4 Hour Price Update

Updated May 09, 2020 01:34 AM GMT (09:34 PM EST)

Litecoin is down 0.15% ($0.07) since the previous 4 hours, marking a reversal from the candle prior — and the end of a 3 four-hour candle positive run. On a relative basis, the previous 4 hours were pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂

Litecoin Daily Price Recap

Litecoin came into today up 0.65% ($0.31) from the open of yesterday, marking the 2nd day in a row an upward move has occurred. The change in price came along side change in volume that was down 12.08% from previous day, but up 57.33% from the Friday of last week. 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 yesterday. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 7 out of the past 14 days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!