The Hourly View for LTC
Last Updated June 29, 2021, 16:16 GMT
Currently, Litecoin’s price is down $-1.28 (-0.87%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Litecoin Daily Price Recap
Litecoin closed yesterday up 3.71% ($4.92); this denotes the 3rd straight day an increase has occurred. The price move occurred on volume that was up 14.8% from the day prior, but down 59.62% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to yesterday. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Litecoin’s price has gone up 7 of the previous 14 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From lite_hause:
Few Bitcoiners understand that Litecoin’s implementation of MWEB could potentially be a revolutionary upgrade for Bitcoin as well and its success should be strived for. If MWEB obtains significant usage, a future with higher privacy/fungibility would be within Bitcoin’s grasp.
- From SteveNi96234828:
@sgtesco @AMBASSADORTOUSA @DrDoubloon @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @MsiJeremy @HarborTeaParty @Ghostbatman117 @Pin86939060 @TheWiseCrow1 @DogeCoinMilitia @jenifang @BIGGUCCIDRACOTX @WeTheDoge1 @Chuy338 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @kataruka_piyush @Michael29011011 @GloryDoge @ImTravisG @bholman24930782 @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @LadyDogeBugBird @HonestlyDoge @aaronjwithers @llbodiedll @FadilijaS @BeefSupreme1776 @TheOnlyPghTrish @calic415 @SimplyCrypto4 @GIGACHAD2021 @iBeaQueen @BigImpactHumans @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @litecoin @elonmusk 🥂🐕I went to my Son’s Girlfriend’s open house yesterday and spent a good amount of time petting doges and holding one very sweet Doge who was looking me in the eyes, such healing? #dogsoftwitter
- From MASTERBTCLTC:
Back in 2017 with litecoin added segwit it absolutely went on a tear. It almost look like a rocket ship.this next upgrade will be the biggest of all time for litecoin I expect litecoin price to repeat the 2017 increase.