Litecoin (LTC) 5 Day Up Streak Broken; Pin Bar Pattern Appearing on Chart

Litecoin Price Recap

Litecoin is down 0.9% since yesterday, marking a reversal from the day prior — and the end of a 5 day positive run. The price move occurred on stronger volume; specifically, yesterday’s volume was up 10.16% from the day prior, and up 61.45% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Litecoin ranked 4th yesterday in terms of percentage price change. Here is a price chart of Litecoin.

Litecoin Technical Analysis

Volatility for Litecoin has been contracting over the past two weeks relative to volatility over the past month. Whether volatility reverts will be something to watch. 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 9 out of the past 14 days. Oh, and one last thing: if you trade off of candlesticks, note that we’re seeing pin bar

Overheard on Twitter

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

  • From CommonEnemyInc:

    I have it on very good authority that a new documentary about #Bitcoin #Litecoin AND some of your favorite shitcoins will be coming out soon from a HUGE production company. Lots of positive visibility for mainstream audiences.

  • From SatoshiLite:

    @Asadharari @legend_zog @johnkim77 @BoilingPointLLC @cryptorecruitr litecoin

  • From ecossexrp1:

    @Ripple @ashgoblue Anyone saw Litecoin or trx people at these events? Me either 😂
    This is why my money is in XRP 👌🏻

Crypto Destroyer

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