Litecoin 4 Hour Price Update
Updated August 09, 2020 03:18 PM GMT (11:18 AM EST)
The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 56.45 US dollars, down 2.27% ($1.31) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.
Litecoin Daily Price Recap
The back and forth price flow continues for Litecoin, which started today off at 58.41 US dollars, up 2.1% ($1.2) from the previous day. This move happened on lower volume, as yesterday’s volume was down 56.38% from the day before — and down 70.87% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the previous day in terms of percentage price change. Here is a daily price chart of Litecoin.
Litecoin Technical Analysis
Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For another vantage point, consider that Litecoin’s price has gone up 9 of the previous 14 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From DaddyCool1991:
5/ In summary, by numbers, the value per coin of #Litecoin as a means of payment, trading/speculation, and store of value is equal to if not in some areas stronger than #BTC and in every way better than #BCH It is far from dead & far from boring…unless you listen to others.
- From rektcapital:
If somebody told me that $LTC was going to break its multi-year downtrend at some point in the future…I’d believe themBecause I saw the chart#litecoin
- From MASTERBTCLTC:
Grayscale Litecoin Trust (LTC) (“LTCN”) is an investment vehicle that enables investors to gain access and exposure to the price movement of Litecoin in the form of a traditional security without the challenges of buying, storing, and safekeeping Litecoin directly.@Grayscale