Litecoin 4 Hour Price Update
Updated August 01, 2020 03:18 PM GMT (11:18 AM EST)
The end of a 3 four-hour candle positive run has come for Litecoin, which finished the previous 4 hours down 0.57% ($0.34). Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the previous 4 hours.
Litecoin Daily Price Recap
Litecoin is up 2.54% ($1.44) since the day prior, 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. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the day in terms of price change relative to the day prior. Let’s take a look at the 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. For another vantage point, consider that Litecoin’s price has gone down 15 of the previous 30 trading days.
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?