LTC up 12%, Hitting a 3-Week High – Market Updates Bitcoin News #Usa #Miami #Nyc #BitCoin #RIPTwitter #TwitterDown MORE ▶▶

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Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session.

Litecoin (LTC)

Litecoin (LTC) was a big mover on Tuesday, as the token rose by as much as 12% earlier in the session.

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

The surge in price sent the token to its highest level since November 7, when price was at $73.00.

LTC/USD – Daily Chart

Looking at the chart, today’s rally also comes as LTC moved past a key resistance point of $64.50.

In addition to this, the 14-day relative strength index (RSI) broke out of a ceiling of its own at 61.00, and is currently tracking at 62.01.

Bulls will likely look to maintain this current momentum, with a target of $70.00 a potential exit point.

Chainlink (LINK)

Chainlink (LINK) was another notable mover in today’s session, with prices moving higher for a second straight session.

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

The move saw the token continue to move away from a recent floor of $5.85, on its way to a five-day high.

LINK/USD – Daily Chart

As of writing, LINK is trading over 7% higher, with bullish momentum gaining, following a breakout of a key ceiling on the RSI indicator.

The index is currently tracking at 45.31, which is marginally above the aforementioned ceiling of 44.00.

Traders now seem to be targeting a ceiling of $6.50, a level that hasn’t been hit since November 16.

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Could we see chainlink move beyond $6.50 in the coming days? Let us know your thoughts in the comments.

Eliman Dambell

Eliman brings an eclectic point of view to market analysis, he was previously a brokerage director and retail trading educator. Currently, he acts as a commentator across various asset classes, including Crypto, Stocks and FX.




Image Credits: Shutterstock, Pixabay, Wiki Commons

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Name Price24H (%)
Bitcoin (BTC)
$16,539.20
-0.09%
Ethereum (ETH)
$1,191.77
-0.43%
Tether (USDT)
$1.00
0.07%
BNB (BNB)
$300.67
0.86%
USD Coin (USDC)
$1.00
-0.18%
Binance USD (BUSD)
$1.00
0.00%
XRP (XRP)
$0.404864
4.06%
Dogecoin (DOGE)
$0.088603
8.49%
Cardano (ADA)
$0.315032
-0.52%
Polygon (MATIC)
$0.84
-1.33%
Polkadot (DOT)
$5.29
-1.81%
Lido Staked Ether (STETH)
$1,168.89
-0.27%
Litecoin (LTC)
$76.38
-2.74%
Shiba Inu (SHIB)
$0.000009
2.13%
Dai (DAI)
$1.00
-0.20%
OKB (OKB)
$20.68
-0.94%
Solana (SOL)
$14.19
-1.81%
TRON (TRX)
$0.053017
0.56%
Uniswap (UNI)
$5.37
-1.28%
Avalanche (AVAX)
$12.84
-0.39%
Wrapped Bitcoin (WBTC)
$16,378.85
-0.71%
LEO Token (LEO)
$3.89
-7.77%
Cosmos Hub (ATOM)
$9.99
-0.73%
Ethereum Classic (ETC)
$20.21
-0.78%
The Open Network (TON)
$1.70
-1.51%
Monero (XMR)
$136.32
0.42%
Stellar (XLM)
$0.090153
1.03%
Bitcoin Cash (BCH)
$114.57
-1.09%
Algorand (ALGO)
$0.243016
0.17%
Cronos (CRO)
$0.064854
-1.13%
Quant (QNT)
$112.50
-1.39%
Filecoin (FIL)
$4.30
-2.02%
VeChain (VET)
$0.019129
0.57%
NEAR Protocol (NEAR)
$1.63
-2.71%
Hedera (HBAR)
$0.049590
0.73%
Frax (FRAX)
$1.00
0.03%
Flow (FLOW)
$1.14
-1.61%
ApeCoin (APE)
$3.25
-2.93%
Internet Computer (ICP)
$3.88
-0.48%
EOS (EOS)
$0.94
3.48%
MultiversX (Elrond) (EGLD)
$42.35
-0.55%
Terra Luna Classic (LUNC)
$0.000160
-1.18%
Chiliz (CHZ)
$0.172524
-3.73%
Chain (XCN)
$0.042920
-0.14%
Theta Network (THETA)
$0.92
3.21%
Pax Dollar (USDP)
$1.00
-0.21%
Tezos (XTZ)
$0.99
-1.14%
Trust Wallet (TWT)
$2.11
-4.01%
The Sandbox (SAND)
$0.56
0.34%

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