Biggest Movers: GRT Hits Highest Point in 9 Months, LTC Snaps Losing Streak

The graph token surged by implicit 35% truthful acold connected Tuesday, arsenic markets continued to beryllium buoyed by the maturation of its ecosystem. Since allowing integrations to caller blockchains, prices of the indexing protocol’s autochthonal token person jumped by implicit 200% from 2022 lows. Litecoin was besides higher today, breaking a three-day losing streak.

The Graph (GRT)

Tuesday saw the graph (GRT) widen its caller bull run, climbing by implicit 35% successful today’s session.

GRT/USD roseate to an intraday highest of $0.1848 earlier today, a time aft prices deed a debased of $0.1278.

As a effect of this move, GRT/USD jumped to its strongest constituent since May 17, past year.

GRT/USD – Daily Chart

Overall and arsenic of writing, GRT is up by astir 100.63% successful the past 7 days, and this comes aft bouncing from a enactment astatine $0.090.

These gains person resulted successful the 14-day comparative spot scale (RSI) moving heavy into overbought territory, with a existent speechmaking of 87.03.

Bulls person already moved to unafraid profits, which has led to GRT falling from its earlier high.

Litecoin (LTC)

Litecoin (LTC), connected the different hand, snapped a three-day losing streak, moving backmost towards caller highs.

Following a debased of $95.57 connected Monday, LTC/USD jumped backmost supra $100.00 connected Tuesday, hitting a precocious of $100.13 successful the process.

Today’s rebound successful terms sees litecoin borderline towards a absorption level astatine $101.75, and person to past Wednesday’s highest of $102.65.

LTC/USD – Daily Chart

Similar to GRT, this constituent was the highest constituent LTC had deed since May, erstwhile the token traded supra $106.00.

A large portion of this is owed to the 14-day RSI, which is nearing a ceiling astatine 66.00, with a existent speechmaking of 64.53.

Should terms spot scope this point, LTC bulls could wantonness erstwhile positions, and alternatively seizure the day’s gains.

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Will the graph and litecoin proceed this momentum into Wednesday’s session? Let america cognize your thoughts successful the comments.

Image Credits: Shutterstock, Pixabay, Wiki Commons, photo_gonzo / Shutterstock.com

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