Crypto
Biggest Movers: LTC Moves to 6-Month High, SOL up Nearly 20% – Market Updates Bitcoin News
Litecoin prolonged current features on Nov. 23, with the token climbing to its highest level since Might. The transfer noticed costs climb by practically 20% in at the moment’s session, and comes forward of this afternoon’s Federal Open Market Committee (FOMC) minutes. Solana additionally surged on Wednesday, transferring practically 20% increased.
Litecoin (LTC)
Litecoin (LTC) rose for a second straight session, with costs climbing by as a lot as 23% earlier at the moment.
LTC/USD rallied to a peak of $81.56, which comes lower than a day after buying and selling at a low of $63.20.
The surge in value, which noticed LTC transfer practically $20.00 increased, despatched the token to its strongest level since Might 9.
Trying on the chart, at the moment’s rally additionally comes as LTC broke previous one other resistance degree, this time surging past the $73.00 mark.
Along with this, the 14-day relative power index (RSI) continued to keep up current momentum, transferring to a prime of 71.01 on Wednesday.
The subsequent seen ceiling seems to be the 73.50 mark, and may this level maintain agency, we might even see merchants start to safe earlier features.
Solana (SOL)
Solana (SOL) was one other notable gainer in at the moment’s session, because the token rebounded from current lows.
SOL/USD, which fell to an all-time low of $10.94 on Tuesday, rallied to an intraday excessive of $13.39 in at the moment’s session.
Because of at the moment’s surge, solana, which has been one of the vital impacted tokens following the FTX collapse, was again above a flooring of $12.00.
Along with the worth flooring, the RSI index additionally moved previous a flooring of its personal at 30.00, and is at present monitoring at 31.76.
Trying on the chart, the subsequent seen resistance degree seems to be the $14.50 mark, which can be the place bulls are hoping to take costs.
Costs have since dropped from earlier highs, with SOL at present buying and selling at $13.07.
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