Biggest Movers: LTC up 12%, Hitting a 3-Week High

Litecoin rallied to a three-week excessive on Nov. 22, regardless of the worldwide cryptocurrency market cap largely residing within the pink. As of writing, the crypto market is down 1.11%, nonetheless, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session.

Litecoin (LTC)

Litecoin (LTC) was an enormous mover on Tuesday, because the token rose by as a lot as 12% earlier within the session.

Following a low of $60.04 to start out the week, LTC/USD raced to an intraday peak of $68.36 as we speak.

The surge in worth despatched the token to its highest degree since November 7, when worth was at $73.00.

Looking on the chart, as we speak’s rally additionally comes as LTC moved previous a key resistance level of $64.50.

In addition to this, the 14-day relative power index (RSI) broke out of a ceiling of its personal at 61.00, and is presently monitoring at 62.01.

Bulls will doubtless look to keep up this present momentum, with a goal of $70.00 a possible exit level.

Chainlink (LINK)

Chainlink (LINK) was one other notable mover in as we speak’s session, with costs shifting larger for a second straight session.

LINK/USD moved to a peak of $6.29 earlier within the day, which comes lower than 24 hours after residing at a low of $5.58.

The transfer noticed the token proceed to maneuver away from a current ground of $5.85, on its approach to a five-day excessive.

As of writing, LINK is buying and selling over 7% larger, with bullish momentum gaining, following a breakout of a key ceiling on the RSI indicator.

The index is presently monitoring at 45.31, which is marginally above the aforementioned ceiling of 44.00.

Traders now appear to be focusing on a ceiling of $6.50, a degree that hasn’t been hit since November 16.

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Could we see chainlink transfer past $6.50 within the coming days? Let us know your ideas within the feedback.