Litecoin 4 Hour Price Update
Updated August 10, 2020 03:19 PM GMT (11:19 AM EST)
58.24 (USD) was the opening price of the four-hour candle for Litecoin, resulting in the last 4 hour candle being one in which price moved up 1.59% ($0.91) from the last 4 hour candle. 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
56.97 (USD) was the opening price of the day for Litecoin, resulting in the previous day being one in which price moved down 2.47% ($1.44) from the previous day. This move happened on lower volume, as yesterday’s volume was down 5.66% from the day before — and down 77.22% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the previous day in terms of percentage price change. The daily price chart of Litecoin below illustrates.
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. Trend traders will want to observe that the strongest trend appears on the 30 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 9 them.
Overheard on Twitter
Behold! Here are the top tweets related to Litecoin:
- From BFirozbahary:
No body has an idea what will happen with $Band !!!! People are still sleeping. $band will go after $litecoin. Is it overbought ? Yes, but every coin listed on Coinbase , when Coinbase opens trading on Tuesday the price is set very high like more than 100%. Mkr was set at $700.
- From RNR_0:
Nice man, a bitcoin maxi only site by litecoin creator & some others, I don’t even wanna go into that rabbit hole. Gotta admit, Charlie is a fuckin magician. They still all love him.
- From johnkim77:
@MrIraniNiceguy @TodorSlavchev @MrPseu @jonnylitecoin @TheCryptoconomy 1. We always say bitcoin is the most secure. Litecoin is far less secure but unlike other POW coins, it’s 95% plus dominant in scrypt.2. We are aware that with high usage litecoin blocks will become full just like bitcoin but that’s not the reality rn. 3. As adoption 👇👇