The hourly display for LTC
Last updated November 17, 2020, 02: 036 GMT
Currently, the price of LTC has increased by $ 0.32 (0.43%) from the previous hour. It was a celebration for bulls operating on an hourly time frame, as LTC has now increased by 4 in the past 5 hours. As for the trend of the hourly time frame, we see the clearest trend over 20 hours. The moving averages over the hourly timeframe suggest a decline in 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
Litecoin entered $ 73.84 today, up 18.45% ($ 11.5) from the previous day. The price movement occurred on a stronger volume; in particular, yesterday’s volume increased by 117.96% compared to the previous day and by 555.99% compared to the same day the previous week. Litecoin outperformed all 7 assets in the Top Cryptos asset class from the day before. Congratulations to its owners! The Litecoin Daily Price Chart below illustrates.
Litecoin technical analysis
Trending traders will want to observe that the the strongest trend appears on day 14 horizon; in that period of time, the price went up. For another point of view, consider that Litecoin’s price has increased by 17 of the previous 30 trading days.
