Home Litecoin Litecoin (LTC) Closes Prior Hour Down -0.82%; Heads Down For the 2nd Consecutive Day, But Still in an Uptrend Over Past 14 Days

Litecoin (LTC) Closes Prior Hour Down -0.82%; Heads Down For the 2nd Consecutive Day, But Still in an Uptrend Over Past 14 Days

4 min read
Comments Off on Litecoin (LTC) Closes Prior Hour Down -0.82%; Heads Down For the 2nd Consecutive Day, But Still in an Uptrend Over Past 14 Days
12

The Hourly View for LTC

Final Up to date April 19, 2021, 10:16 GMT

In the intervening time, Litecoin’s value is down $-2.18 (-0.82%) from the hour prior. Litecoin has seen its value go down 4 out of the previous 5 hours, thus creating some compelling alternatives for bears. Concerning the development, word that the strongest development exists on the 50 hour timeframe. The shifting averages on the hourly timeframe counsel a choppiness in value, because the 20, 50, 100 and 200 are all in a combined alignment — that means the development throughout timeframes is inconsistent, indicating a possible alternative for rangebound merchants.

Litecoin Each day Value Recap

Litecoin got here into immediately down 9.04% ($27.22) from the open of yesterday, marking the 2nd consecutive day a decline has occurred. The worth transfer occurred on stronger quantity; particularly, yesterday’s quantity was up 25.02% from the day prior, and up 211.89% from the identical day the week earlier than. These buying and selling inside the High Cryptos asset class ought to know that Litecoin was the worst performer within the class throughout yesterday. Here’s a every day value chart of Litecoin.

LTC

Litecoin Technical Evaluation

Development merchants will need to observe that the strongest development seems on the 14 day horizon; over that point interval, value has been shifting up. For extra context, word that value has gone up 19 out of the previous 30 days.

Overheard on Twitter

Over on Twitter, right here have been the highest tweets about Litecoin:

  • From LitecoinForever:

    Once more right here’s why it’s essential to accumulate Litecoin
    – MWEB (fungibility & privateness)
    – Excessive liquidity
    – On each alternate
    – Safe & secure to make use of
    – Low transaction charges
    – Quick transactions
    – 100% uptime
    – Decentralized
    – Censorship resistant
    – International adoption
    – Retailer of worth
    $LTC 💎🙌

  • From FlyingCryptos:

    One other factor I promise to maintenance all the time, even when this web page will get huge. Each time somebody tags me in their very own good evaluation or profitable commerce. I’ll reply. Not like these high-follower accounts that ignore folks profitable (me) and others. It’s unhappy. No neighborhood. $LTC #litecoin

  • From _prestwich:

    @nic__carter Okay, followup. I believe the connection isn’t reciprocal, as I can’t discover the merge-mining code in litecoin’s codebase. Which signifies that we must count on LTC miners that _aren’t_ already merge mining to do one in every of:
    a) begin merge mining
    b) swap to doge
    c) bleed money




Source link

Comments are closed.

Check Also

Dogecoin, Ethereum, XRP, LTC: What the surge in altcoin interest means to Binance and other exchanges?

Because the starting of Bitcoin’s bull run, net site visitors throughout crypto exchanges …