The hourly display for LTC
Last updated November 29, 2020, 02: 037 GMT
Currently, the price of LTC has increased by $ 0.66 (0.91%) from the previous hour. This move is a reversal from the previous hour, which saw the price drop. As for the trend of the hourly time frame, we see the clearest trend over 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
Litecoin’s 3-day streak has officially ended, as the previous day’s candle closed up 5.15% ($ 3.56). This move came with lower volume, as yesterday’s volume fell 20.3% from the day before and 39.52% from the same day the previous week. Compared to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd from the previous day in terms of percentage change in price. Below is a chart of Litecoin’s daily prices.
Litecoin technical analysis
Notably, Litecoin’s current price is close to its 20-day moving averages; moving average crosses often indicate a change in momentum, so it may be worth keeping an eye on. The clearest trend exists in the 30 days timeframe, which shows the price increasing over time. Or to look at it another way, note that over the past 30 days the price of Litecoin has risen by 17.
