The Hourly View for LTC
Last Updated April 28, 2021, 05:016 GMT
Currently, Litecoin’s price is up $0.9 (0.35%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.
Litecoin Daily Price Recap
Litecoin came into today up 5.01% ($12.4) from the open of the previous day, marking the 2nd consecutive day it has gone up. This move happened on lower volume, as yesterday’s volume was down 23.91% from the day before — and down 56.56% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous day in terms of percentage price change. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
First things first: Litecoin crossed above its 20 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone up 16 them.
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 MadDogecoins:
BTW.. I didn’t sell for fiat. I sold to Bitcoin. If dogecoin happens to need me back in the future I’ll be happy to load up again lol. Until then… I hold a reasonable bag of Doge.. Litecoin.. And of course Bitcoin. Diversify.
- From Pentosh1:
My #Litecoin price target is $238,855. I arrived at this price target by googling the distance between the earth and the moon and converting it from miles to dollars
$LTC
-Chikun Little - From hackerb0t:
Are you worried ur child is texting about crypto?smh = shorting market here
lmao = longing my ass off
brb = bitcoin rocks bro
lol = litecoin or link
wtf = we trade futures
btw = bcash the worst
ily = I longed yesterday
ftw = futures trading warrior
ttyl = the trader yolo longed
As for a news story related to Litecoin getting some buzz:
Ex WWE Wrestler Kane, Now Knox County Mayor, Looking Into Bitcoin and Litecoin
As mayor of Knox County, Tennessee, former wrestler Glen Jacob, stage name Kane, is looking into Bitcoin and Litecoin to help his municipality….NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins….We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.