Litecoin (LTC) closes the previous hour up by 0.42%; It falls for the 2nd consecutive day, in an uptrend for the past 14 days


The hourly display for LTC

Last updated November 16, 2020, 02: 037 GMT

At the time of writing, the price of LTC has increased by $ 0.27 (0.42%) from the previous hour. It was a party for bulls operating on an hourly time frame, as LTC has now increased by 5 of the last 5 hours. Regarding the trend, note that the strongest trend exists in the 100 hour time frame. Note that the 50 hours changed direction on LTC; it is now facing up. 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

Litecoin is down 2.4% ($ 1.53) since yesterday, marking the 2nd consecutive day, there has been a decrease. The change in price was accompanied by the change in volume which fell by 41.7% from the previous day, but up 262.88% from last week’s Sunday. Of the 7 instruments in the Top Cryptos asset class, Litecoin finished in 5th place for the day in terms of price change compared to yesterday. 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. For further context, please note that the price has increased by 8 in the past 14 days.

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