The hour view for LTC
Last updated June 9, 2021 02:047 GMT
Currently, the price of LTC is down $ 0.54 (-0.35%) from the previous hour. LTC saw its price 5 of the last 5 hours dropped downwhich creates some attractive opportunities for bears. As for the trend in the hourly timeframe, we see that clearest trend in the 50-hour period. The moving averages on the hourly time frame suggest a bullish price as the 20, 50, 100 and 200 all have a bullish bias – meaning that the shorter durations are above the longer duration averages, indicating a solid uptrend.
Litecoin daily price summary
Litecoin closed the day before down 0.76% ($ 1.23); This means that it has decreased for the 2nd day in a row. The price movement took place when the volume was stronger; In particular, yesterday’s volume increased by 50.04% compared to the previous day and by 16.94% compared to the same day of the previous week. Compared to other instruments in the Top Cryptos asset class, Litecoin took 5th place in terms of percentage price change since the previous day. Below is a daily price chart for Litecoin.
Litecoin Technical Analysis
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. The clearest trend is on the 30th day Timeframe that shows the price is moving down during this time. Price action traders in particular should note that the 90-day period appears to indicate that price is a base; this could indicate that a support / resistance level is developing. Or, to look at things differently, note that Litecoin price has dropped 18 in the last 30 days. As for those trading in candlesticks, we should note that we are seeing a pin-bar pattern here.
Heard it on Twitter
Catch sight of! Here are the top tweets about Litecoin:
- Of LitecoinForever:
Why are there so many Twitter accounts dedicated to spreading FUD through Litecoin? This is a signal that they want YOU to sell so they can collect YOUR LTC. They know how valuable Litecoin is, so they are spreading misinformation. Be careful what they do, not what they say. 🤔
- Of THOR chain:
With THORStarter, users can seamlessly contribute to new IDOs with * any * asset via @xdefi_wallet. Like Bitcoin, Litecoin, and more. The asset is first exchanged for XRUNE, then this XRUNE is brought into the liquidity of the project. That means THORChain advantages
- Of LitecoinForever:
If you stand by your beliefs, it doesn’t matter what others think. The people here have the misunderstanding that I am here and that their story addresses them. I came to tell the truth and to support Litecoin longevity. You don’t have to agree with everything I say, but I am telling the truth.
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