[ad_1]
Litecoin snapped a current bear run on Tuesday, as cryptocurrency costs moved marginally increased. The token was up by practically 3% in right this moment’s session, ending a six-day shedding streak within the course of. Chainlink was additionally within the inexperienced, because it rebounded from a key help level.
Litecoin (LTC)
Litecoin (LTC) snapped a six-day shedding streak on Tuesday, as costs rose by as a lot as 3%.
LTC/USD moved away from a one-month low of $61.00, hitting a excessive of $65.60 earlier in right this moment’s session.
The transfer got here as bullish stress intensified as soon as the token hit a key help level of $63.50.
Trying on the chart, the 14-day relative energy index (RSI) additionally rose, shifting away from its long-term ground of 33.50.
Since shifting away from yesterday’s six-month low, the index is now monitoring on the 37.46 mark.
The subsequent seen resistance appears to be the 46.00 stage, and if hit, LTC will doubtless be buying and selling above $70.00.
Chainlink (LINK)
Chainlink (LINK) was one other notable gainer in right this moment’s session, as costs surged to a four-day excessive.
Following a low of $5.75 to begin the week, LINK/USD climbed to a peak of $6.10 earlier right this moment.
This rally has pushed the token to its highest level since Friday, when it was buying and selling at a high of $6.54.
Just like litecoin, right this moment’s transfer noticed costs transfer away from a four-week low, rising from a current ground within the course of.
LINK rallied on the $5.80 help, which got here because the RSI rose above a ceiling on the 37.00 stage.
As of writing, the index is monitoring at 39.81, with LINK/USD buying and selling at $6.06.
Register your e mail right here to get weekly worth evaluation updates despatched to your inbox:
Do you anticipate chainlink to maneuver to a ceiling of $6.50 earlier than the top of the 12 months? Tell us your ideas within the feedback.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss triggered or alleged to be brought on by or in reference to the usage of or reliance on any content material, items or providers talked about on this article.
[ad_2]
Source link