The hourly display for LTC
Last updated November 19, 2020, 02: 036 GMT
Right now, the price of LTC is up $ 0.04 (0.05%) from the previous hour. This move is a reversal from the previous hour, which saw the price drop. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 100 hour period. Note that the 50 hours have changed direction on LTC; now points down. 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 potential opportunity for rangebound traders.
Litecoin daily price summary
The ripple in Litecoin’s recent daily price action continues; to start today, it came in at a price of US $ 73.52, down 3.77% ($ 2.88) from yesterday. The price movement occurred on the volume which fell 56.82% from the previous day, but up 218.44% from the same day the week before. Anyone who trades within the Top Cryptos asset class should know that Litecoin was the worst performing in the class during yesterday. Let’s take a look at Litecoin’s daily price chart.
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 8 of the previous 14 trading days.
Heard on Twitter
On Twitter, here are the best tweets on Litecoin:
- From BoilingPointLLC:
I see so many people talking about the #Litecoin price action now. Not the community, but all of these aspiring cryptocurrency traders. It’s pretty hilarious that they haven’t mentioned a damn thing in the last 2 years while this pattern has unfolded.
- From pranksyNFT:
Here’s a very 2017 idea, I’m setting aside 1 #BTC to buy in some 2020 moonshots, I want this year @vergecurrency, @Ripple, @litecoin, know the score, nothing fundamentals just a big enough following from luna! Shill me your .. shit .. hot .. alts, could buy 10 and keep track of them
- From buysellshort:
$ DPW currently owns bitcoin AND Litecoin for its November 13 SEC filing – they mined bitcoin and litecoin in January of this year b4 by stopping mining operations. A press release on mining operations launched by DPW could be on the way based on the move in cryptocurrencies this month. .
As for a Litecoin-related news getting some buzz:
Difference between Litecoin (LTC) and Ripple (XRP) – Blog WazirX
Ripple and Litecoin are dominating the cryptocurrency market with their absolute simplicity and security, which comes at a low cost … Regardless of all these benefits, Litecoin is paralyzed by the highly volatile level of the cryptocurrency market, which invests as a considerably risky business. . Ripple Technology has gained worldwide recognition under the name of XRP digital currency.
[ad_2]Source link
