The hourly display for LTC
Last updated November 15, 2020, 02: 036 GMT
At the time of writing, LTC’s price has dropped $ -0.31 (-0.49%) from the previous hour. The hourly chart shows what LTC has seen 2 consecutive hours. Regarding the trend, note that the strongest trend exists in the 100 hour time frame. 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 end of a positive 3-day run has come for Litecoin, which ended yesterday down 3.14% ($ 2.07). The price movement occurred on the volume which was down 48.19% from the previous day, but up 213.56% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Litecoin ranked 6th since yesterday in terms of percentage change in price. The Litecoin Daily Price Chart below illustrates.
Litecoin technical analysis
The clearest trend exists on the 14th day timeframe, which shows the price increasing over time. Price action traders in particular will want to note that the 90 day period appears to show the price forming a base; this could indicate that a support / resistance level is developing. Or to look at it another way, note that over the past 30 days the price of Litecoin has risen by 16.
