The Hourly View for LTC
Last Updated June 30, 2021, 02:057 GMT
Currently, LTC’s price is down $-0.27 (-0.19%) from the hour prior. The hourly chart shows that LTC has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
Litecoin Daily Price Recap
Litecoin came into today up 4.75% ($6.54) from the open of the previous day, marking the 4th consecutive day an increase has occurred. The price move occurred on volume that was up 41.77% from the day prior, but down 55.83% 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
The first thing we should note is that the current price of Litecoin is sitting close to its 20 day moving averages; moving average crosses often indicate a change in momentum, so this may be worth keeping an eye on. The clearest trend exists on the 30 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 15 out of the past 30 days.
Overheard on Twitter
Over on Twitter, here were the top tweets about Litecoin:
- From TheDeFiAnalyst:
C. supply $66.7M
#litecoin is one of the top dogs in the scene, having a bright future and high plans on how to reach it. Focusing on being private, secure with a vision for it to join the global economy. Amazing long term #HODL option
- From realCryptoWars:
To be in the #Litecoin 1 million club it only costs 84 LTC or ~$12,432. Similar to having 21 BTC or ~$12,138 after it’s second halving in 2016. It’s all going to repeat on Litecoin. Buy or cry.
- 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