Litecoin debuted as a cryptocurrency on Tuesday. We have recorded a bear market. Prices have increased slightly. Tokens saw him up nearly 3% in today’s session, ending his six-day losing streak in the process. The chain link was also on the green as it bounced off a critical support point. The price will be 3% of his.
LTC/USD broke away from a one-month low of $61.00 and hit a high of $65.60 early in today’s session.
The move added bullish pressure as the token hit the key support point at $63.50.
See also 14-day Relative Strength Index (RSI) rising We did , away from the long-term bottom at 33.50.
Since pulling away from yesterday’s six-month low, the index is currently tracking the 37.46 mark.
The next visible resistance appears to be the 46.00 level, and if hit,LTC could trade above $70.00.
Chainlink (LINK)
Chainlink (LINK) posted another notable gain in today’s session as prices surged to a four-day high.
Following week-first lows of $5.75, LINK/USD climbed to a peak of $6.10 today.
The rally has pushed the token to its highest level since trading at a high of $6.54 on Friday.
Similar to Litecoin, today’s move has seen the price move away from four-week lows and recently has risen from a low of process.
LINK bounced off the $5.80 support as the RSI climbed above the 37.00 level ceiling.
At the time of writing, the index is tracking 39.81 and LINK/USD is trading at $6.06.
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