Litecoin 4 Hour Price Update
Updated September 05, 2020 01:35 AM GMT (09:35 PM EST)
The choppiness in the recent four-hour candle price action of Litecoin continues; to start the current 4 hour candle, it came in at a price of 50.44 US dollars, down 0.49% ($0.25) since the last 4 hour candle. 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 last 4 hour candle.
Litecoin Daily Price Recap
The choppiness in the recent daily price action of Litecoin continues; to start today, it came in at a price of 50.48 US dollars, up 4.36% ($2.11) since the previous day. The change in price came along side change in volume that was down 44.34% from previous day, but up 56.61% 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 the previous day. Let’s take a look at the daily price chart of Litecoin.
Litecoin Technical Analysis
First things first: Litecoin crossed above its 100 and 200 day moving averages yesterday. Trend traders will want to observe that the strongest trend appears on the 90 day horizon; over that time period, price has been moving up. Also of note is that on a 30 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Litecoin’s price has gone up 7 of the previous 14 trading days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From stodd_j:
The BCHAZ/Bitshevik version of #BitcoinCash is just a Litecoin with a Monero funding model.The BTAX/Builderberg version of #BCH is just a more naive version of DASH without the decentralization of having a DAO. But hey, theyll use Avalanche instead of masternodes for quicksend.
- From Scarlet67162654:
@litecoin_bull @PlastiksurgeonE My thoughts….It’s already been done, but spoon feeding the public as to prevent casualties. “The Movie”We have to be ready to govern ourselves without panic and we have to want it. None of us know how to function without these chains that have bound us for centuries.
- From AnticsMom:
@litecoin_bull I was on the phone with my sister a few days ago and she brought him up about some movie. I said I don’t like him I never watched a movie of his. I don’t watch tv. As I said it to her in my head I was saying yeah he’s gone the POS 🤣😂 nothing is a coincidence 👊💖🙏