The Hourly View for LTC
Last Updated June 29, 2021, 05:016 GMT
Currently, Litecoin’s price is down $-0.62 (-0.44%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 50 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 is up 3.71% ($4.92) since yesterday, marking the 3rd straight day an increase has occurred. The change in price came along side change in volume that was up 14.8% from previous day, but down 59.62% from the Monday of last week. Out of the 7 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the day in terms of price change relative to yesterday. Let’s take a look at the 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 down. For another vantage point, consider that Litecoin’s price has gone up 6 of the previous 10 trading days.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From lite_hause:
Few Bitcoiners understand that Litecoin’s implementation of MWEB could potentially be a revolutionary upgrade for Bitcoin as well and its success should be strived for. If MWEB obtains significant usage, a future with higher privacy/fungibility would be within Bitcoin’s grasp.
- From SteveNi96234828:
@sgtesco @AMBASSADORTOUSA @DrDoubloon @SargentDoge @stephenAdoge @TravisNTravesty @TheOnlyFronk @HODL_Til_Lambo @MsiJeremy @HarborTeaParty @Ghostbatman117 @Pin86939060 @TheWiseCrow1 @DogeCoinMilitia @jenifang @BIGGUCCIDRACOTX @WeTheDoge1 @Chuy338 @WhitneyWalker33 @Rooster_Pi @Toddwade69420 @Doge4faithfull @kataruka_piyush @Michael29011011 @GloryDoge @ImTravisG @bholman24930782 @thetradingalien @Pikadogee @arcadiisback @adoptmeelonmusk @JubaJeeves @LadyDogeBugBird @HonestlyDoge @aaronjwithers @llbodiedll @FadilijaS @BeefSupreme1776 @TheOnlyPghTrish @calic415 @SimplyCrypto4 @GIGACHAD2021 @iBeaQueen @BigImpactHumans @DogecoinGalaxy @Lilmook4real @UrbanSymph @dogecoin @litecoin @elonmusk ??I went to my Son’s Girlfriend’s open house yesterday and spent a good amount of time petting doges and holding one very sweet Doge who was looking me in the eyes, such healing? #dogsoftwitter
- From MASTERBTCLTC:
Back in 2017 with litecoin added segwit it absolutely went on a tear. It almost look like a rocket ship.this next upgrade will be the biggest of all time for litecoin I expect litecoin price to repeat the 2017 increase.
