The hourly display for LTC
Last updated November 1, 2020, 01: 036 GMT
Right now, the price of LTC is up $ 0.05 (0.09%) from the previous hour. This is a reversal of the price action in the previous hour, where the price has fallen. 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 a potential opportunity for rangebound traders.
Litecoin daily price summary
The end of a negative 3-day run came for Litecoin, which ended yesterday up 3.2% ($ 1.73). This move occurred on lower volume, as yesterday’s volume fell 9.12% from the day before and 36.94% from the same day the previous week. Litecoin has outperformed all 7 assets in the Top Cryptos asset class since yesterday. The Litecoin Daily Price Chart below illustrates.
Litecoin technical analysis
Trending traders will want to observe that the the strongest trend appears on the 30th day horizon; in that period of time, the price went up. Or to look at it another way, note that over the past 10 days the price of Litecoin has increased by 5.
