Litecoin 4 Hour Price Update
Updated August 01, 2020 07:18 AM GMT (03:18 AM EST)
The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 59.09 US dollars, down 0.49% ($0.29) from the previous 4 hours. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the previous 4 hours.
Litecoin Daily Price Recap
Litecoin came into today up 2.54% ($1.44) from the open of yesterday, marking the 2nd day in a row an increase has occurred. The change in price came along side change in volume that was down 29.98% from previous day, but up 195.06% from the Friday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. Below is a daily price chart of Litecoin.
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 14 days Litecoin’s price has gone up 9 them.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From lite_hause:
I can’t help but imagine that if BTC sits at 100k and Litecoin at 1k, a significant amount of people would be buying Litecoins just for the sake of being able to own whole coins (it’d be psychological more than anything).By then, crypto markets would be more mature.
- From MASTERBTCLTC:
Buy #LTC 1. It’s undervalued 57x less market cap than bitcoin
2. 3 years younger than bitcoin
3. 196:1 Litecoin:Bitcoin (40:1 is target)
4. Litecoin adding privacy in 20-21’
5. Litecoin on ⚡️network
6. Litecoin Grayscale Trust $LTCN
7. @blockfi interest is 5% for litecoin - From LTCFoundation:
45,179 #Litecoin transactions over the past 24 hrs totaled $426,517,903 of #LTC sent This = 11.17% of the total market cap (Total market cap of $3,785,433,321)How was your day?