Litecoin (LTC) Closes Prior Hour Down -0.41%; Moves Up For the 4th Day In A Row

The Hourly View for LTC

Last Updated October 25, 2020, 01:037 GMT

Currently, LTC’s price is down $-0.24 (-0.41%) from the hour prior. This is the 2nd consecutive hour LTC has seen its price head down. Regarding the trend, note that the strongest trend exists on the 20 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 closed yesterday up 6.93% ($3.84); this denotes the 4th day in a row an increase has occurred. The change in price came along side change in volume that was down 0.71% from previous day, but up 405.2% from the Saturday of last week. Litecoin outperformed all 7 assets in the Top Cryptos asset class since yesterday. Congrats to its holders! Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

The clearest trend exists on the 30 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 10 days Litecoin’s price has gone up 6 them.