Litecoin hits 10-day high week as the market is back from the Christmas holiday weekend. The token has extended its recent rally to start the week, approaching key resistance points in the process. Xrp is also higher as it hit the price cap.
Litecoin (LTC)
Litecoin (LTC) has 10 day high tokens.
LTC/USD started the week rising to a high of $70.83. This started less than a day after reaching a low of $65.54.
Today’s surge has pushed Litecoin to its highest level since December 16 and approached the critical resistance level of $72.00.
chart, Monday’s movement is the 14-day Relative Strength Index ( RSI) rose above the 45.00 ceiling. The
index is currently tracking 51.79 with the next visible support point at the 54.00 level.
If the RSI hits this point, the price will very likely hit the $72.00 cap as well.
XRP, formerly Ripple, rose earlier in the week as the token collided with a key resistance point. Following a low of
$0.3447,XRP/USD reached a high of $0.356 early in today’s session. This is also the recent price cap.
Monday’s rally is the highest thatXRP has reached since his December 18th, and comes as traders return from the Christmas holiday weekend.
Accompanied the movement of 42.00.
At the time of writing, the index is currently at 43.45, his strongest point since December 15th.
Ultimately,XRP could continue to rise if this trend continues. Move towards the $0.4000 mark.
SUBSCRIBE HERE FOR WEEKLY PRICE ANALYSIS UPDATES IN YOUR INBOX:
IMAGE CREDITS: Shutterstock, Pixabay, Wiki Commons
