Biggest Movers: XRP Climbs 5%, as LTC Nears Multi-Week High on Saturday

The crypto plus xrp roseate by arsenic overmuch arsenic 5% connected Saturday, pursuing declines of a akin magnitude during yesterday’s session. This comes contempt the planetary crypto marketplace headdress moving lower, falling by 0.51% astatine the clip of writing. Litecoin was besides higher to commencement the weekend.

XRP

XRP, formerly ripple, was backmost successful the greenish connected Saturday, arsenic the token rebounded from Friday’s losses.

Following a debased of $0.418, XRP/USD raced to an intraday precocious of $0.4501 earlier successful today’s session.

The determination came arsenic bullish momentum accrued astatine the terms level of $0.4250, aft bears failed to prolong an earlier breakout.

XRP/USD – Daily Chart

From the chart, it appears that the rebound took spot arsenic the comparative spot scale (RSI) moved distant from its ain support, astatine 58.00

As of writing, the scale is tracking astatine 60.77, and seems to beryllium heading towards a ceiling astatine the 63.00 mark.

The 10-day (red) moving mean has besides extended its upward transverse versus its 25-day (blue) counterpart, which could beryllium a motion of upcoming gains.

Litecoin (LTC)

Litecoin (LTC), was different notable mover to commencement the weekend, arsenic prices remained adjacent to a multi-week high.

LTC/USD climbed to a highest of $93.97 connected Saturday, which comes little than 24 hours aft a debased of $89.87.

As a effect of this, litecoin is present trading adjacent to a ceiling of $94.00, and a caller three-week precocious of $96.11.

LTC/USD – Daily Chart

One catalyst for the rally was a caller crossover betwixt the 10-day (red) and 25-day (blue) moving averages.

In summation to this, the RSI is present tracking astatine 57.07, which is marginally supra a absorption level of 56.00.

Should bullish momentum proceed to rise, determination is simply a beardown anticipation that LTC volition determination beyond $100.00.

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Do you expect litecoin to determination higher successful the upcoming days? Let america cognize your thoughts successful the comments.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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