Litecoin 4 Hour Price Update
Updated July 28, 2020 01:35 AM GMT (09:35 PM EST)
Litecoin came into the current 4 hour candle up 3.29% ($1.73) from the open of the previous 4 hours, marking the 2nd candle in a row an upward move has occurred. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous 4 hours in terms of percentage price change.
Litecoin Daily Price Recap
53.35 (USD) was the opening price of the day for Litecoin, resulting in the day prior being one in which price moved up 10.85% ($5.22) from the day prior. As for how volume fared, yesterday’s volume was up 140.5% from the previous day (Sunday), and up 1067.77% from Monday of the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the day prior in terms of percentage price change. Below is a daily price chart of Litecoin.
Litecoin Technical Analysis
First things first: Litecoin crossed above its 200 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 15 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From LTCFoundation:
46,727 new non-zero #Litecoin wallet addresses in the last 24 hrs is the most in 1 day since 47,317 on March 8, 2020.347,036 were the most new non-zero addresses ever added in 1 day, back on January 4, 2018.
- From EDadoun:
20 year old me is highly unimpressed with how poorly 33 year old me handles 4 beers at home with a friend.But hey…if Litecoin and Tron can still be in the top 20 then I can make it through the day too.
- From DaddyCool1991:
For the bazillionth time, a ‘decentralized’ #cryptocurrency is one to which the blockchain it derives from does not have a single point of failure, control, voting, mining, trx validation, etc.#Litecoin is decentralized because the blockchain is decentralized. Period.