Litecoin (LTC) closes last hour down $ -1.29; in an uptrend for the past 30 days

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The hourly display for LTC

Last updated 24 November 2020, 02: 036 GMT

At the time of writing, the price of LTC has dropped $ -1.29 (-1.41%) from the previous hour. This is a reversal of the price action in the previous hour, in which the price has risen. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 100 hour time frame. The moving averages over the hourly timeframe suggest a fall in the price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are lower than the longer duration averages, the which implies a stable downward trend.

Litecoin daily price summary

The back-and-forth price flow for Litecoin continues today, which began today at $ 89.14, up 7.46% ($ 6.19) from the previous day. The price movement occurred on a stronger volume; in particular, yesterday’s volume increased by 36.9% compared to the previous day and by 38.63% compared to the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Litecoin ranked sixth from the previous day in terms of percentage change in price. Let’s take a look at Litecoin’s daily price chart.

LTC

Litecoin technical analysis

The clearest trend exists on the 14th day timeframe, which shows the price increasing over time. For another point of view, consider that Litecoin’s price has increased by 16 of the previous 30 trading days.

Heard on Twitter

For laughs, quarrels or really useful information, let’s see what the most popular tweets related to Litecoin have been in the last day:

  • From MASTERBTCLTC:

    Many people spend time contemplating the risks surrounding #Litecoin 🚀. They completely lose the greatest risk of all, which is to sit on the sidelines and passively watch the greatest financial and technological revolution of the century unfold before their eyes.

  • From masterltcbtcbot:

    Current LTCBTC ratio is 0.00461145 Litecoin is an oscillator for bitcoin and next peak cycle we expect LTCBTC ratio to peak around 0.025 At today’s bitcoin price we expect litecoin price to be: $ 185 a .010
    $ 277 at 0.015
    $ 370 to .020
    $ 462 to 0.025 $ 1156 to 0.0625 max

  • From kjLearntoThink:

    @ KSinn8 @ haycey5 @litecoin_bull LOL you sheep can’t literally think for yourself. They are separating so you can file a complaint for the citizens. He had to part with the Trump team to do so. They are still all working together.

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