Biggest Movers: LTC Moves to 6-Month High, SOL up Nearly 20%

Litecoin extended caller gains connected Nov. 23, with the token climbing to its highest constituent since May. The determination saw prices ascent by astir 20% successful today’s session, and comes up of this afternoon’s Federal Open Market Committee (FOMC) minutes. Solana besides surged connected Wednesday, moving astir 20% higher.

Litecoin (LTC)

Litecoin (LTC) roseate for a 2nd consecutive session, with prices climbing by arsenic overmuch arsenic 23% earlier today.

LTC/USD rallied to a highest of $81.56, which comes little than a time aft trading astatine a debased of $63.20.

The surge successful price, which saw LTC determination astir $20.00 higher, sent the token to its strongest constituent since May 9.

LTC/USD – Daily Chart

Looking astatine the chart, today’s rally besides comes arsenic LTC broke past different absorption level, this clip surging beyond the $73.00 mark.

In summation to this, the 14-day comparative spot scale (RSI) continued to support caller momentum, moving to a apical of 71.01 connected Wednesday.

The adjacent disposable ceiling appears to beryllium the 73.50 mark, and should this constituent clasp firm, we whitethorn spot traders statesman to unafraid earlier gains.

Solana (SOL)

Solana (SOL) was different notable gainer successful today’s session, arsenic the token rebounded from caller lows.

SOL/USD, which fell to an all-time debased of $10.94 connected Tuesday, rallied to an intraday precocious of $13.39 successful today’s session.

As a effect of today’s surge, solana, which has been 1 of the astir impacted tokens pursuing the FTX collapse, was backmost supra a level of $12.00.

SOL/USD – Daily Chart

In summation to the terms floor, the RSI scale besides moved past a level of its ain astatine 30.00, and is presently tracking astatine 31.76.

Looking astatine the chart, the adjacent disposable absorption level appears to beryllium the $14.50 mark, which whitethorn beryllium wherever bulls are hoping to instrumentality prices.

Prices person since dropped from earlier highs, with SOL presently trading astatine $13.07.

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Do you expect solana to retrieve from the harm caused by the FTX collapse? Let america cognize your thoughts successful the comments.

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