The hourly display for LTC
Last updated 8 October 2020, 23:15 GMT
Currently, the price of LTC has increased by $ 0.04 (0.08%) from the previous hour. The hourly chart shows what LTC has seen 2 consecutive hours. 2 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 a 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 $ 46.61, up 1.3% ($ 0.6) from yesterday. This move took place on a lower volume, as yesterday’s volume was down 47.56% from the day before and 5.39% from the same day the previous week. Of the 7 instruments in the Top Cryptos asset class, Litecoin finished in 2nd place on the day in terms of price change compared to yesterday. Below is a chart of Litecoin’s daily prices.
Litecoin technical analysis
The first thing we should note is that Litecoin’s current price is close to its 20 and 200-day moving averages; moving average crosses often indicate a change in momentum, so it may be worth keeping an eye on. Volatility for Litecoin contracted in the past two weeks versus the volatility in the past month. Whether volatility recedes will be something to watch. Trending traders will want to observe that the the strongest trend appears on the 30th day horizon; in that period of time, the price fell. For further context, please note that the price has increased by 9 over the past 14 days.
Heard on Twitter
For laughs, quarrels or really useful information, let’s see what the most popular tweets related to Litecoin have been in the last day:
- From ROYALMRBADNEWS:
@ 22Bucky @GinglesKelley @ Bernice17_Q @litecoin_bull @loves_kasmir @ l1m3ds17 @ trumpnut45 @ quen43 @cjtruth You mean cj UNtruth who recently became friends with pedophile dragons? The same dragons we unmasked? The same dragons who have been sued for pedophilia in recent days? That cj Untruth who recently became friends with pedophile dragons?
- From MillaLiraj:
What’s happening lately in #Litecoin: -A new Visa card.
-Grayscale has added Litecoin’s trust to its line.
Hash rate increased by 50% in August.
Transactions have doubled this year through August.
-The number of LTC addresses has skyrocketed by 400% in the past three years. $ LTC - From ROYALMRBADNEWS:
@ Bernice17_Q @PsyopPatriot @GinglesKelley @GOODTRUMPS_EVIL @HamelAnnemarie @ 22Bucky @litecoin_bull @loves_kasmir @ l1m3ds17 @ trumpnut45 @ quen43 @cjtruth and that’s why all the removed Anons and the Baker Boards we are all great friends with friends.
As for a Litecoin-related news that’s getting some buzz:
Litecoin launches MimbleWimble Testnet which improves scalability and privacy
Litecoin’s scalability and privacy protocol, MimbleWimble, was recently launched on testnet as the team approaches their ambition to create a scalable yet private blockchain … That changed with the recent launch of the MimbleWimble (MW) testnet.
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