Litecoin (LTC) closes the previous hour down by -0.41%; He gets up for the 4th consecutive day


The hourly display for LTC

Last updated 25 October 2020, 01: 037 GMT

Currently, the price of LTC is down $ -0.24 (-0.41%) from the previous hour. This is the second consecutive hour that LTC has seen its price head down. Regarding the trend, note that the strongest trend exists in the 20 hour period. 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 below the longer duration averages, the which implies a stable downward trend.

Litecoin daily price summary

Litecoin closed yesterday up 6.93% ($ 3.84); this indicates that an increase occurred on the 4th consecutive day. The change in price was accompanied by the change in volume which fell by 0.71% from the previous day, but up 405.2% from last week’s Saturday. Litecoin has outperformed all 7 assets in the Top Cryptos asset class since yesterday. Congratulations to its owners! Here is a chart of Litecoin’s daily price.


Litecoin technical analysis

The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. Or to look at it another way, note that over the past 10 days the price of Litecoin has risen by 6.

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