Litecoin – Litecoin (LTC) price close to $ 88.12; 2nd consecutive day warning, pin bar example displayed on chart, in uptrend in past 30 days | Zoom Fintech

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Litecoin – Litecoin (LTC) price close to $ 88.12; Warning for 2nd consecutive day, example of pin bar shown on the chart, in an uptrend in the last 30 days

The hourly display for LTC

Last updated 25 November 2020, 02: 036 GMT

Right now, the price of LTC has dropped $ -1.4 (-1.56%) from the previous hour. This may be a reversal of the price movement in the previous hour, whereby the price went up. As for the hourly time frame model, let’s see the file clearest pattern over the 100 hour time frame. The most noteworthy about earth moving averages on the hourly chart is that the 50 The common time change has been passed, so the price is now turning under it. The moving averages over the hourly timeframe recommend a fall in the price, because the 20, 50, 100 and 200 are all in a bearish alignment – meaning that the shorter length moving averages are below the length averages. higher, which implies a safe downside pattern.

Litecoin Daily Price Summary

Litecoin has arrived here in the present up 0.18% ($ 0.16) from the opening of the previous day, marking the 2nd consecutive day there was an upward reversal. The price transfer took place on quantities that had increased by 6.9% compared to the previous day, but down by 25.53% compared to the same day the previous week. Compared to several devices within the Prime Cryptos asset class, Litecoin was ranked sixth because the day before by way of a share price change. Here is a chart of Litecoin’s daily price.

LTC

Litecoin technical evaluation

Pattern traders should note that the the strongest pattern seems to be on the 14th day horizon; in this point range, the price has risen. For further context, note that the price has increased by 17 in the previous 30 days. And for candle traders, a particular deal with: there is an example of a pin bar displayed in the charts just as well. Rejoice!

Heard on Twitter

Look! Listed below are the highest tweets associated with Litecoin:

  • From Deathkonen:

    In a cheap Bitcoin SV should be worth more than bch and litecoin. This could offer you an approximate price of $ 309. If we add that to the current bullish state of affairs … I could give a price around. $ 450-600 within the next two months.
    Do your math …

  • From MASTERBTCLTC:

    Many people spend time considering the dangers surrounding #Litecoin 🚀. They entirely miss the most important danger of all, which is to sit on the sidelines and passively watch the best money and technology revolution of the century unfold before their eyes.

  • From DaddyCool1991:

    #Litecoin has finally reached the price point where I could fill my wife’s fuel tank, and yet I have enough $ left to buy pork rinds and lemonade. Life is sweet. #LTC

For extensive information associated with LTC which produced dialogue, take a look at:

Exploring the thought of interoperability between Cardano and Litecoin | CryptoSlate

David Schwartz, the director of the Litecoin Basis firm, said it was crucial to generate as many discussions on this concept as possible, as having a bridge between Litecoin and Cardano would not simply profit from the 2 blockchains, however the whole trading of cryptocurrencies … He said it’s been a month since the Litecoin Base started pushing the thought of cross-chain interoperability with Cardano to the Litecoin group …. He said that Cardano and Litecoin can come together by implementing a velvet fork to Litecoin so that the blockchain can undertake NIPoPoWs. Considering that the idea of ​​NIPoPoWs is widely known in the cryptocurrency industry, velvet forks only serve to transform their means into the blockchain mainstream … However, it is not the velvet fork itself that creates the bridge to a blockchain. different … In relation to the cement velvet fork that could join Litecoin and Cardano, Zindros said it could occur on the Litecoin side … Zindros said that technically speaking, a velvet fork can be extraordinarily quick to implement in Litecoin .

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