The hourly display for LTC
Last updated October 16, 2020, 01: 036 GMT
At the time of writing, the price of LTC has increased by $ 0.33 (0.67%) from the previous hour. This move is a reversal from the previous hour, which saw the price drop. If you are a trend trader, please consider that the strongest clear trend on the hourly chart exists in the 100 hour period. The most noteworthy thing in the world of moving averages on the hourly chart is that the 20 the moving average of the hour has been exceeded, so the price is now turning on it. 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
Litecoin closed the day before down 0.6% ($ 0.3); this denotes on the third consecutive day that a decrease has occurred. The price movement occurred on volume that increased by 6.59% from the previous day, but down by 2.82% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Litecoin was ranked 6th from the previous day in terms of percentage change in price. Below is a chart of Litecoin’s daily prices.
Litecoin technical analysis
The first thing we should note is that Litecoin is now close to its daily averages of 20, 50, 100 and 200, located at 47.31, 49.13, 51.23, and 47.53 respectively, and so it could be in a key moment in those times. The clearest trend exists on the 14th day timeframe, which shows the price increasing over time. Or to look at it another way, note that over the past 10 days the price of Litecoin has risen by 6.
Heard on Twitter
On Twitter, here are the best tweets on Litecoin:
- From lite_home:
Litecoin is currently approx. 0.0043 on the LTC / BTC ratio. The last time Litecoin was at these levels (early 2017), 3-5 months later, Litecoin went on a run and jumped to over 0.015 (240% + ratio increase).
- From ScottyD97155633:
@litecoin_bull @ROYALMRBADNEWS As I asked the judge … A question to the judge about Barr. Without Bush 41, he is released. Right? If the military came to him and said
“Keep the script,” despite what we all know of his involvement with DS. Has Barr switched to the white hat? Did he get an offer he couldn’t refuse? - From JenifferCC:
Happy day 🌟💫🦋6 Fiat currencies are available to view Crypto balance:
USD (US dollar)
GBP (GB Pound)
CRC (Costa Rica Colan)
EUR (Euro)
CAD (Canadian dollar)
AUD (Australian Dollar) 3 cryptocurrency wallets are available:
#BTC (Bitcoin)
#LTC (Litecoin)
#DIVI
For longer news related to LTC that has generated discussions, check out:
Litecoin one step closer to the Cardano and “Velvet Fork” partnership | Crypto Briefing
It says the fork would allow for cross-chain payment arrangements between Cardano and Litecoin …. You should never make an investment decision on an ICO, IEO or other investment based on the information on this website and you should never interpret or make otherwise relying on any of the information on this website as investment advice.
[ad_2]Source link
