Litecoin (LTC) Down $0.32 in Last 4 Hours, Entered Today Up 0.82%; Breaks Above 200 Day Average

Litecoin 4 Hour Price Update

Updated September 10, 2020 01:35 AM GMT (09:35 PM EST)

The end of a 4 four-hour candle positive run has come for Litecoin, which finished the previous 4 hours down 0.66% ($0.32). 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

47.86 (USD) was the opening price of the day for Litecoin, resulting in yesterday being one in which price moved up 0.82% ($0.39) from yesterday. This move happened on lower volume, as yesterday’s volume was down 34.45% from the day before — and down 56.57% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during yesterday. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

First things first: Litecoin crossed above its 200 day moving average yesterday. Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving down. For another vantage point, consider that Litecoin’s price has gone up 5 of the previous 10 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From HeartlanderPD:

    @maryalicericha1 @litecoin_bull @pilotgal1 @ROYALMRBADNEWS Agree. Believe same as Ellen. But H’wood is bringing back her show later this month. Hupon inspection I learned it will be taped “at first”. Well THAT would be easy to CGI/Hologram/DeepFake — we know Hollywood does not want to give up that marketshare so quickly do they? $$$$$!

  • From flappening:

    Now feels like the time when #litecoin went from 26 to 37 and back down to 26 in May 2017… Just kinda up and down within a pretty consistent range… Watch what comes next.

  • From lite_hause:

    Bitcoin and Litecoin are monetary solutions for the digital age.Last I checked, the world is only becoming more digital and not less.This is going to be one hell of a long journey.