Litecoin (LTC) Price Near $197.40; Heads Down For the 2nd Straight Day

The Hourly View for LTC

Last Updated March 16, 2021, 04:016 GMT

At the moment, Litecoin’s price is up $1.16 (0.59%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend 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 day prior down 6.19% ($13.26); this denotes the 2nd straight day it has gone down. The price move occurred on stronger volume; specifically, yesterday’s volume was up 88.56% from the day prior, and up 47.74% from the same day the week before. On a relative basis, Litecoin was the worst performer out of all 7 of the assets in the Top Cryptos asset class during the day prior. Here is a daily price chart of Litecoin.

Litecoin Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 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 9 them.

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.

In terms of news links for Litecoin here’s one to try:

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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