Litecoin (LTC) closes the previous hour up 0.19%; 2 day streak interrupted

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The hourly display for LTC

Last updated November 12, 2020, 02: 039 GMT

Right now, the price of LTC is up $ 0.11 (0.19%) from the previous hour. The hourly chart shows what LTC has seen 2 consecutive hours. If you are a trend trader, consider that the strongest clear trend on the hourly chart exists in the 50 hour period. 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 $ 59.33, up 2.36% ($ 1.37) from yesterday. The change in price was accompanied by the change in volume which increased 93.15% from the previous day, but down 2.03% from last week’s Wednesday. Compared to other instruments in the Top Cryptos asset class, Litecoin has been ranked 3rd since yesterday in terms of percentage change in price. The Litecoin Daily Price Chart below illustrates.

LTC

Litecoin technical analysis

Notably, Litecoin is now close to its 20-day moving averages, which can act as a price barrier for the asset. The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. For further context, please note that the price has increased by 7 over the past 14 days.

Heard on Twitter

Look! Here are the best tweets related to Litecoin:

  • From phoneinf:

    So what took Litecoin 10 years, HEX has that market cap after 1 year, I don’t think people understand in math how big the speed difference is, HEX hasn’t even started, this is just the launch phase period

  • From EndnLoneliness:

    @ CanadaSpecialA1 @USMarshalsHQ @USMC @FBI @RCMPONT @ROYALMRBADNEWS @litecoin_bull Foxes guarding the chicken coop are standard as Child Advocacy Centers have sprung up in North American cities as well. Made it so that all services can be controlled under one roof. We honestly don’t think they were created to protect children, do we?

  • From MASTERBTCLTC:

    Grayscale has a current ratio of 181 litecoin to 1 bitcoin in assets under management It is the same as .0054 LTCBTC That’s a 43% increase from where it is today

For longer news related to LTC that has generated discussions, check out:

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