Litecoin (LTC) Up $0.24 in Last 4 Hours, Entered Today Up 1.02%; in a Downtrend Over Past 14 Days

Litecoin 4 Hour Price Update

Updated May 18, 2020 03:18 PM GMT (11:18 AM EST)

The back and forth price flow continues for Litecoin, which started the current 4 hour candle off at 45.38 US dollars, up 0.53% ($0.24) from the last 4 hour candle. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 3rd for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin Daily Price Recap

Litecoin closed yesterday up 1.02% ($0.44); this denotes the 2nd day in a row an upward move has occurred. The change in price came along side change in volume that was up 0.74% from previous day, but down 16.26% from the Sunday of last week. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since yesterday in terms of percentage price change. The daily price chart of Litecoin below illustrates.

Litecoin Technical Analysis

Notably, Litecoin crossed above its 50 day moving average yesterday. The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For another vantage point, consider that Litecoin’s price has gone up 7 of the previous 14 trading days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From DaddyCool1991:

    7/13/2012 was the first known tracked amount of 24 hr trx sent activity for #Litecoin. It totaled $8,8235/17/2020, 24 hr trx sent total was $123+ mlnA 13,940% increase in #LTC $ trx volume per 24 hrs

  • From DaddyCool1991:

    Announcements for #Litecoin are not geared towards gaining a higher price. They’re geared towards informing anyone interested on new information that is relevant to it’s existence. What anyone does with the info is up to the individual.

  • From jonnylitecoin:

    @crypto_skillz @crypto_king_win @DaddyCool1991 @johnkim77 @ihatecodee People like you will never realize that people like myself have nothing to do with the Foundation, we just choose to work on #Litecoin because we like it. And by the way, I am a payment processor and work with actual payment companies building new solutions.