Litecoin price – Litecoin (LTC) Closes Prior Hour Up 0.35%; Heads Down For the 2nd Straight Day, Pin Bar Pattern Appearing on Chart, in an Uptrend Over Past 14 Days | Fintech Zoom

The Hourly View for LTC

Last Updated February 16, 2021, 02:046 GMT

At the moment, LTC’s price is up $0.76 (0.35%) from the hour prior. The hourly chart shows that LTC has seen 2 straight up hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Litecoin Daily price Recap

Litecoin closed the previous day down 2.75% ($5.89); this denotes the 2nd straight day a decrease has occurred. The change in price came along side change in volume that was down 33.14% from previous day, but up 104.4% from the Monday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous day 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. For another vantage point, consider that Litecoin’s price has gone up 10 of the previous 14 trading days. And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well. Rejoice!

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:

• From Sean17475349:
  

  I have not sold ANY #Bitcoin or #Litecoin for over 3 years, but been buying over that time. Bought at ATH, bought heavier at its 2018 low, turned out pretty well. So IMO, dont watch price, it’s way less stressful to buy consistently every week or month, and let time make you 🤑

• From DaddyCool1991:
  

  Our Credit Union literally told my German wife she could not buy anything from Germany, Canada, etc.using her checking account this past week.#Bitcoin & #Litecoin allow us to break away from this horrible system that says they are ‘protecting’ us.Make your money, your 💰

• From nebraskangooner:
  

  My only short term buys have been #Litecoin today. Everything else short term I’ve been sidelined on since Thursday. I’ll let the dust settle and find some more plays during the week. Dips are still for buying.