The hour view for LTC
Last updated June 6, 2021 02:047 GMT
At the time of this writing, LTC’s price is down $ -0.49 (-0.28%) from the previous hour. LTC saw its price 4 of the last 5 hours increasedcreating some attractive opportunities for bulls. As for the trend in the hourly timeframe, we see that clearest trend in the 50-hour period. It is noteworthy that the 200 hour direction has been changed to LTC; it is now facing down. The moving averages on the hourly time frame suggest an inconsistent price as the 20, 50, 100, and 200 are all in a mixed alignment – meaning the trend is inconsistent across the time frames, suggesting potential Opportunity for Rangebound traders.
Litecoin daily price summary
Litecoin came into play today by 3.13% ($ 5.59) from the opening of the previous day, which marks the 2nd day in a row, it has fallen. That move happened on lower volumes as yesterday’s volume was down 26.97% from the previous day – and 58.03% from the same day the previous week. Compared to other instruments of the top Cryptos asset class, Litecoin took 3rd place since the previous day in terms of the percentage price change. Below is a daily price chart for Litecoin.
Litecoin Technical Analysis
Today, Litecoin is close to its 200-day moving averages, which can serve as a price barrier for the asset. The volatility for Litecoin has decreased of the last two weeks relative to the volatility of the last month. It will have to be observed whether the volatility returns. Trend traders will want to find out that the strongest trend appears on the 30th day Horizon; During this period the price has gone down. Or, to look at things differently, note that Litecoin price has dropped 17 in the last 30 days.
Heard it on Twitter
For laughs, arguments, or really useful information, let’s see what the most popular Litecoin tweets were for the past day:
- Of Ptasty4:
@photo_katz @litecoin @elonmusk age are you blind? What has to do with crypto here?
When people are investing in things whose finances can be “manipulated” by one person, it is probably not wise to invest a lot of money in them. Idk how is that obvious now?
- Of photo_katz:
@litecoin @elonmusk He needs to stop tweeting about cryptos. It is currently clearly a question of market manipulation. Only used to delegitimize the blockchain currency.
- Of SolAdoni:
@litecoin @elonmusk That means he’s an autistic weirdo.
He’s a cheat, Mars is dead, the kernel is dead, you can’t restart a dead kernel, anyone who claims that is a cheat.
His electric cars are crap for the environment, he should produce 2500 miles to charge Eco-EV, not his energy guzzlers 250 miles to charge
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