Litecoin (LTC) closes last hour down $ -0.57; The 2-day streak was interrupted, the interruptions are below the 20 and 200-day averages

The hourly display for LTC

Last updated 21 October 2020, 19:15 GMT

At the time of writing, LTC’s price has dropped $ -0.57 (-1.07%) from the previous hour. This is a reversal of the price action in the previous hour, in which the price has risen. 3 The moving averages on the hourly time frame suggest a discontinuity in price, as 20, 50, 100 and 200 are all in a mixed alignment, which means that the trend across time periods is inconsistent, indicating a potential opportunity for rangebound traders.

Litecoin daily price summary

Litecoin entered $ 46.93 today, down 2.29% ($ 1.1) from yesterday. The change in price was accompanied by the change in volume which increased by 14.08% from the previous day, but down 20.31% from last week’s Tuesday. Compared to other instruments in the Top Cryptos asset class, Litecoin has ranked 4th since yesterday in terms of percentage change in price. The Litecoin Daily Price Chart below illustrates.

Litecoin technical analysis

First things first: Litecoin crossed its 20 and 200 day moving averages yesterday. Trending traders will want to observe that the the strongest trend appears on the 30th day horizon; in that period of time, the price went up. Or to look at it another way, note that over the past 14 days the price of Litecoin has risen by 8.

Heard on Twitter

Look! Here are the best tweets related to Litecoin:

• From ScottyD97155633:
  

  @ROYALMRBADNEWS @ MishelleO1974 @ TJque1 @litecoin_bull @ ccunningham821 @ Michele17934584 @RealJamesWoods @realDonaldTrump @POTUS 3 – That said … for some reason in the last 2-3 years it has changed. He backed down on many subjects. He has argued against Trump many times. Something’s wrong. Not the same Alex Jones. Either he’s being controlled now or he’s playing a role maybe for POTUS too.

• From nsquaredcrypto:
  

  5 / As networks go, it is better to have relatively few slow cars that can travel on roads in many places, rather than many fast cars that can only travel to say, 3 or 4 cities. That’s why #bitcoin fared better than litecoin or bch.

• From DaddyCool1991:
  

  I hardly ever swear, but PayPal just helped #Litecoin give all doubters a big fat cock. I might delete this tweet later (or block it, not sure yet).