Litecoin (LTC) Closes Prior Hour Down -0.37%; But Still in an Uptrend Over Past 14 Days, Moves Down For the 2nd Straight Day

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The Hourly View for LTC

Last Updated March 16, 2021, 03:02 GMT

At the time of this writing, LTC’s price is down $-0.73 (-0.37%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Litecoin Daily Price Recap

Litecoin closed the previous day down 6.19% ($13.26); this denotes the 2nd straight day it has gone down. As for how volume fared, yesterday’s volume was up 88.56% from the previous day (Sunday), and up 47.74% from Monday of the week before. Those trading within the Top Cryptos asset class should know that Litecoin was the worst performer in the class during the previous day. Below is a daily price chart of Litecoin.

Litecoin Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 16 out of the past 30 days.

Overheard on Twitter

Behold! Here are the top tweets related to Litecoin:

  • From johnkim77:

    In 2017 many ICO’s went ballistic in price, but in the end #Litecoin showed who is the KING of ALTS. In a Marathon, those that start strong doesn’t always win. Keeping a good pace and finishing strong is more important.8791 #cryptos wish they were 1 of 4 on paypal and venmo.

  • From johnkim77:

    In 2018, 2019, 2020 all I really wanted at the time was #Litecoin at $150. That was all I wanted and needed to go on. $LTC is $215 today and instead of being grateful most have fallen victim to the power of greed and are setting themselves up for failure. 🐖s get slaughtered

  • From TheCryptoLark:

    #litecoin will pump to new highs soon, it is well primed for a run. I took a big position around $182. In it for a good time, not a long time.

As for a news story related to Litecoin getting some buzz:

Litewallet – Official Litecoin Wallet for iOS and Android from the Litecoin Foundation

Android X comfort with junior to years of experience to review code help drive down the tech debt with moderately simple issues….Litewallet can import your current Litecoin wallet quickly and
easily so you can take your existing wallet with you.

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