Litecoin (LTC) Up $1.25 in Last 4 Hours, Started Today Up 1.84%; Crosses 20 Day Moving Average

Fibo Quantum

Litecoin 4 Hour Price Update

Updated August 23, 2020 07:18 PM GMT (03:18 PM EST)

Litecoin closed the previous 4 hours up 2.09% ($1.25); this denotes the 2nd consecutive candle an increase has occurred. Litecoin outperformed all 5 assets in the Top Cryptos asset class since the previous 4 hours. Congrats to its holders!

Litecoin Daily Price Recap

Litecoin entered today at $60.25, up 1.84% ($1.09) from the day prior. The change in price came along side change in volume that was down 20.55% from previous day, but up 26.39% from the Saturday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 3rd since the day prior in terms of percentage price change. Let’s take a look at the daily price chart of Litecoin.

LTC

Litecoin Technical Analysis

Notably, 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. For another vantage point, consider that Litecoin’s price has gone up 6 of the previous 10 trading 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 pmchess1:

    Play in our regular tournaments @lichess and win our exclusive King’s Token as reward for your victory! Powered by the people’s blockchain #DigiByte The worlds most secured and decentralized UTXO protocol which is 40X faster than #Bitcoin ,10x faster than #Litecoin

  • From GreyEyedJewel:

    @litecoin_bull My dear friend who is a trauma nurse said that EVERYONE who dies, no matter if it’s murder, suicide, accident or health related, they are tested for COVID!!! If the test positive, it is counted as a Covid death!!! #StopTheLies #EnoughIsEnough #DemocratsAreTheDisease

  • From FUTURE_FUND_:

    The real flippening is when a decentralised project with a fair token distribution model and community governance overtakes all the current ICO/IEO projects. #Bitcoin #Litecoin are the only top 10 projects that launched without capital raising.Few understand this. $YFI

In terms of news links for Litecoin here’s one to try:

What Is Litecoin? | Here’s All You Need to Know About LTC – Coindoo

Litecoin (LTC) is one of the most popular cryptocurrencies in the world….While Bitcoin has long transaction times, LTC makes it cheaper and faster….While Bitcoin could certainly be used to store value or for long term investments, Litecoin can be used for payments….While Litecoin users may utilize 0.05 LTC or 10 LTC to make normal payments, BTC users would need even smaller amounts….Litecoin is not only helping users who want to process payments, but it is also a good virtual currency to hold….Litecoin is one of the most popular virtual currencies in the world.