Biggest Movers: LTC Climbs to 10-Day High on Monday

Litecoin raced to a ten-day precocious to commencement the week, arsenic markets returned from the Christmas vacation weekend. The token extended caller gains to commencement the week, and neared a cardinal absorption constituent successful the process. Xrp was besides higher, arsenic it besides collided with a terms ceiling.

Litecoin (LTC)

Litecoin (LTC) was 1 of the notable gainers connected Monday, arsenic the token raced to a ten-day high.

LTC/USD roseate to a precocious of $70.83 to commencement the week, which comes little than a time aft hitting a debased of $65.54.

Today’s surge has taken litecoin to its highest constituent since December 16, and person to a cardinal absorption level of $72.00.

LTC/USD – Daily Chart

As tin beryllium seen from the chart, Monday’s determination comes arsenic the 14-day comparative spot scale (RSI) roseate supra its ain ceiling astatine 45.00.

The scale is presently tracking astatine 51.79, with the adjacent disposable constituent of enactment astatine the 54.00 level.

Should the RSI scope this point, it is highly apt that prices volition besides collide with a ceiling of $72.00.

XRP

XRP, formerly ripple, besides moved higher to commencement the week, arsenic the token collided with a cardinal absorption point.

Following a debased of $0.3447, XRP/USD deed a precocious of $0.356 earlier successful today’s session, which is besides a caller terms ceiling.

Monday’s summation is the highest constituent that XRP has deed since December 18, and comes arsenic traders returned from the Christmas vacation weekend.

XRP/USD – Daily Chart

Looking astatine the chart, this determination accompanied a caller determination beyond a ceiling connected the RSI of 42.00.

As of writing, the scale is present tracking astatine 43.45, which is its strongest constituent since December 15.

Ultimately, should this inclination continue, XRP could proceed to determination towards the $0.4000 mark.

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Do you expect crypto markets to determination higher heading into the caller year? Let america cognize your thoughts successful the comments.

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