Biggest Movers: LTC Snaps Extended Bear Run, as LINK Hits 4-Day High

1 year ago

Litecoin snapped a caller carnivore tally connected Tuesday, arsenic cryptocurrency prices moved marginally higher. The token was up by astir 3% successful today’s session, ending a six-day losing streak successful the process. Chainlink was besides successful the green, arsenic it rebounded from a cardinal enactment point.

Litecoin (LTC)

Litecoin (LTC) snapped a six-day losing streak connected Tuesday, arsenic prices roseate by arsenic overmuch arsenic 3%.

LTC/USD moved distant from a one-month debased of $61.00, hitting a precocious of $65.60 earlier successful today’s session.

The determination came arsenic bullish unit intensified erstwhile the token deed a cardinal enactment constituent of $63.50.

LTC/USD – Daily Chart

Looking astatine the chart, the 14-day comparative spot scale (RSI) besides rose, moving distant from its semipermanent level of 33.50.

Since moving distant from yesterday’s six-month low, the scale is present tracking astatine the 37.46 mark.

The adjacent disposable absorption seems to beryllium the 46.00 level, and if hit, LTC volition apt beryllium trading supra $70.00.

Chainlink (LINK)

Chainlink (LINK) was different notable gainer successful today’s session, arsenic prices surged to a four-day high.

Following a debased of $5.75 to commencement the week, LINK/USD climbed to a highest of $6.10 earlier today.

This rally has pushed the token to its highest constituent since Friday, erstwhile it was trading astatine a apical of $6.54.

LINK/USD – Daily Chart

Similar to litecoin, today’s determination saw prices determination distant from a four-week low, rising from a caller level successful the process.

LINK rallied astatine the $5.80 support, which came arsenic the RSI roseate supra a ceiling astatine the 37.00 level.

As of writing, the scale is tracking astatine 39.81, with LINK/USD trading astatine $6.06.

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Do you expect chainlink to determination to a ceiling of $6.50 earlier the extremity of the year? Let america cognize your thoughts successful the comments.

Eliman Dambell

Eliman brings an eclectic constituent of presumption to marketplace analysis, helium was antecedently a brokerage manager and retail trading educator. Currently, helium acts arsenic a commentator crossed assorted plus classes, including Crypto, Stocks and FX.

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