Litecoin (LTC) price close to $ 59.17; 4 Day Up Streak Ended, Pin Bar Pattern displayed on the chart, in an uptrend for the past 30 days


The hourly display for LTC

Last updated 26 October 2020, 01: 037 GMT

Currently, the price of LTC has increased by $ 0.03 (0.05%) from the previous hour. The hourly chart shows what LTC has seen 3 consecutive hours. As for the trend of the hourly time frame, we see the clearest trend over the 100 hour time frame. Price action traders may also notice that we see some doji and pin bar candle patterns on LTC. Given that we see an uptrend over the 20 hour candle time frame and such candle patterns often denote reversals, this can be noteworthy. The moving averages over the hourly timeframe suggest a fall in the price, as 20, 50, 100 and 200 are all in a bearish alignment, which means that the shorter duration moving averages are below the longer duration averages, the which implies a stable downward trend.

Litecoin daily price summary

The end of a positive 4-day run has come for Litecoin, which ended yesterday down 0.74% ($ 0.44). The change in price was accompanied by the change in volume which fell by 4.56% from the previous day, but up by 492.75% from last week’s Sunday. Compared to other instruments in the Top Cryptos asset class, Litecoin has been ranked 3rd since yesterday in terms of percentage change in price. Below is a chart of Litecoin’s daily prices.


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 6 in the past 10 days. And for candle traders, a special surprise: there is also a spiked bar pattern that appears on the charts. Rejoice!

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