Litecoin (LTC) Down $0.58 Over Past 4 Hours; 2 Day Up Streak Ended

Litecoin 4 Hour Price Update

Fibo Quantum

Updated May 10, 2020 01:35 AM GMT (09:35 PM EST)

Litecoin is down 1.21% ($0.58) since the last 4 hour candle, marking the 2nd candle in a row it has gone down. Out of the 5 instruments in the Top Cryptos asset class, Litecoin ended up ranking 4th for the four-hour candle in terms of price change relative to the last 4 hour candle.

Litecoin Daily Price Recap

The choppiness in the recent daily price action of Litecoin continues; to start today, it came in at a price of 46.98 US dollars, down 1.61% ($0.77) since the day prior. The price move occurred on volume that was down 0.19% from the day prior, but up 53.45% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th since the day prior in terms of percentage price change. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

Notably, Litecoin is now close to its 20 day averages, located at 45.51 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. For additional context, note that price has gone down 6 out of the past 10 days.

Overheard on Twitter

Over on Twitter, here were the top tweets about Litecoin:

  • From FOMOBYDICK:

    Giving away 1 Litecoin $LTC on @BlockchainNote later on! If youre not already on the app head to your app store & search “Note Blockchain” The giveaway is exclusively for users of the platform so you have to interact with my giveaway post to be entered.
    #LitecoinFam

  • From DaddyCool1991:

    #Litecoin’s value & utility continually brings companies, teams, etc. to the Foundation looking for ways to work with #LTC Companies not owned or orchestrated by a pseudo-network managed by the coin itself, fabricating a false sense of coin usage.You’ll see what I mean soon.

  • From MASTERBTCLTC:

    The current litecoin to bitcoin ratio is 200:1
    Litecoin is an oscillator to bitcoin & next peak cycle we expect the LTCBTC ratio to peak around 40:1At today’s bitcoin price we expect litecoin’s price to be: $98 at 100:1
    $147 at 75:1
    $196 at 50:1
    $245 at 40:1$614 at 16:1 max