Biggest Movers: DOGE Rebounds on Thursday, LTC Nears 1-Week High

Dogecoin rebounded from Wednesday’s decline, arsenic the meme coin moved distant from a cardinal enactment level. Prices person been hovering adjacent to a two-month debased successful caller days, with today’s surge bringing optimism to remaining bulls. Litecoin was besides higher, arsenic the token remained adjacent to a one-week high.

Dogecoin (DOGE)

Dogecoin (DOGE) was successful the greenish connected Thursday, arsenic the meme coin rebounded from caller lows.

Following a debased of $0.07283 connected Wednesday, DOGE/USD raced to an intraday highest of $0.07736 earlier successful today’s session.

The determination comes arsenic prices rallied, pursuing a caller collision with a enactment constituent astatine the $0.0715 level.

DOGE/USD – Daily Chart

As tin beryllium seen from the chart, today’s determination comes arsenic the 14-day comparative spot scale (RSI) raced to a ceiling of 40.00.

Since this time, earlier gains person somewhat faded, with the meme coin trading astatine $0.07657 arsenic of writing.

Should terms spot negociate to ascent supra this threshold, past DOGE could rally to a ceiling adjacent $0.0800.

Litecoin (LTC)

Litecoin (LTC) besides roseate connected Thursday, arsenic the token continued to commercialized adjacent a one-week high.

LTC/USD deed a highest of $66.51 earlier successful today’s session, which comes little than a time aft it was residing astatine a debased of $65.09.

Today’s precocious is marginally beneath Tuesday’s apical astatine $66.90, which was the highest constituent LTC had deed since past Friday.

LTC/USD – Daily Chart

Looking astatine the chart, the determination comes contempt the 10-day (red) moving mean (MA) precocious extending its downward transverse with the 25-day (blue) MA.

As of writing, the RSI is tracking astatine 39.67, which is beneath the adjacent disposable absorption enactment astatine 45.00.

Bulls volition apt people this point, which could spot LTC ascent supra the $70.00 terms point.

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Could LTC deed $70.00 successful the coming fewer days? Let america cognize your thoughts successful the comments.

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