Litecoin 4 Hour Price Update
Updated August 31, 2020 01:36 AM GMT (09:36 PM EST)
Litecoin came into the current 4 hour candle up 0.14% ($0.09) from the open of the previous 4 hours, marking the 4th consecutive candle it has gone up. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin entered today at $62.9, up 10.33% ($5.89) from the previous day. The change in price came along side change in volume that was up 166.16% from previous day, but down 11.29% from the Sunday of last week. On a relative basis, the previous day was pretty good: Litecoin bested all 5 of the assets in the Top Cryptos class 🙂 The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
First things first: Litecoin crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Interestingly, a trend in the other direction exists on the 14 day timeframe, where price is headed down. If you’re looking to trade the primary trend, this may be a good opportunity to buy dips created by the counter trend. For additional context, note that price has gone up 17 out of the past 30 days.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:
- From PlastiksurgeonE:
@litecoin_bull @infomonger @ROYALMRBADNEWS This reinforces why it’s NEVER a good idea to put people on a pedestal. Whether it’s Hollywood or a certain General, it’s best to stand back and get the “real picture”.Maybe now most people will not be so infatuated with “idols”? We’ll see…..
- From PlastiksurgeonE:
@litecoin_bull @infomonger @ROYALMRBADNEWS Oh no doubt! I think I had a record BLOCKING total numbskulls today! This was mostly over those stupid masks…..wait till their “favorites” start coming over their phones and PC’s ADMITTING their crimes!It’s not gonna go well for LOTS of folks sadly.
- From TIKPAQ:
@litecoin_bull @AppleJackCrew2 @infomonger @ROYALMRBADNEWS I think I’m by the stage of needing to pack a hospital bag. I can attest, this last year alone has been awful. I’ve seen things that cannot be unseen and it near broke me, in fact, I think it did. This fight is very real, and I agree, folks will definitely need to pack a bag.