The Hourly View for LTC
Last Updated January 10, 2021, 02:047 GMT
Currently, LTC’s price is down $-0.84 (-0.46%) from the hour prior. LTC has seen its price go up 8 out of the past 10 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 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 3.09% ($5.33); this denotes the 5th day in a row it has gone up. This move happened on lower volume, as yesterday’s volume was down 39.79% from the day before — and down 10.04% from the same day the week before. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 5th for the day in terms of price change relative to yesterday. The daily price chart of Litecoin below illustrates.
Litecoin Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 30 days Litecoin’s price has gone up 21 them.
Overheard on Twitter
For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:
- From MASTERBTCLTC:
Hey @elonmusk, I’m not the smartest guy in the world but if you buy #Litecoin you will see exponential gains and the #LTC HODLERS will return the favor by ordering a @Tesla with the gains they made bc of you.It’s a WIN WIN genius! LFG!
- From jp_koning:
Litecoin 240%In a self-referential betting game, price is determined by whatever Jim thinks Bob thinks Jim thinks price will be. Any price is possible. Fundamentals—which don’t exist—can’t interfere. Thus the crazy price swings.
- From jaredctate:
You should be using @brave browser, @DuckDuckGo search, @signalapp messenger, @parler_app, @ProtonMail email, @linuxfoundation OS & #Bitcoin $BTC, #DigiByte $DGB, #Litecoin $LTC for payments. Get them now.