Litecoin (LTC) Down $0.41 in Last 4 Hours, Started Today Up 2.9%; in an Uptrend

Litecoin 4 Hour Price Update

Updated September 02, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin closed the last 4 hour candle down 0.65% ($0.41); this denotes the 2nd consecutive candle a decline has happened. On a relative basis, Litecoin was the worst performer out of all 5 of the assets in the Top Cryptos asset class during the last 4 hour candle.

Litecoin Daily Price Recap

Litecoin entered today at $62.75, up 2.9% ($1.77) from the previous day. As for how volume fared, yesterday’s volume was up 33.81% from the previous day (Monday), and up 4.66% from Tuesday of 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. Let’s take a look at the daily price chart of Litecoin.


Litecoin Technical Analysis

Notably, Litecoin is now close to its 20 day moving averages, which may act as price barrier for the asset. Trend traders will want to observe that the strongest trend appears on the 90 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 7 them.

Overheard on Twitter

For laughs, fights, or genuinely useful information, let’s see what the most popular tweets pertaining to Litecoin for the past day were:

  • From rektcapital:

    $LTC was lagging behind $BTC and $ETH in early August And then Litecoin broke outLitecoin is now lagging behind BTC and ETH once againAnd once again…LTC isn’t going to lag like this for long#Litecoin

  • From _CryptoSurf:

    Negativity on CT regarding $LTC is at ATH. Yes, #Litecoin is lagging behind many other #Alts.That is exactly why you would want to get in now, since the whole point is to buy undervalued assets and sell them when they are overvalued.Unfortunately, few understand this.

  • From ultimateviet:

    I dont know much about many defi projects but i promise you Algo is going places and ive done my research. I am not trading anymore but i think it deserves at least a 15k investment here which is what i made on it over the past weeks. Lets fucking go $Algo 🚀

Read More: Litecoin (LTC) Down $0.41 in Last 4 Hours, Started Today Up 2.9%; in an Uptrend

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