Litecoin 4 Hour Price Update
Updated August 03, 2020 03:19 PM GMT (11:19 AM EST)
Litecoin closed the last 4 hour candle up 1.25% ($0.73); this denotes the 4th candle in a row it has gone up. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 2nd since the last 4 hour candle in terms of percentage price change.
Litecoin Daily Price Recap
Litecoin’s 3 day positive streak has officially concluded, as the candle from yesterday closed down 8.04% ($4.96). As for how volume fared, yesterday’s volume was up 20.67% from the previous day (Saturday), and up 116.84% from Sunday of the week before. 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
Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 14 days Litecoin’s price has gone up 8 them.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From TheBitfi:
It kind of crazy that Litecoin & BitcoinCash have a much higher market cap than #DigiByte. That’s why we are buying as much as of it as we can. If everything was always at the price it should be, there would never be any way of making money from investing.
- From lite_hause:
Most Litecoin holders I’ve talked to don’t give a crap about Charlie Lee selling his coins. It seems like most people clinging onto this are other-coiners trying to find a reason to hate Litecoin.
- From nebraskangooner:
I picked up some #Litecoin on that dump.Hard to imagine it going back below $48 any time soon.Long term investment for this one. Off to the cold wallet.Lowest I ever see it going is $19 (seems unlikely now).