I jumped Litecoin (LTC) Back above $80.00 earlier, and continued to move away from recent lows.
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It hit a recent low of $78.18, and the LTC/USD pair rallied to an intraday high of $81.97 on Thursday.
On the other hand, a boom saw a currency rise Litecoin From a six-week low of $75.32, the cryptocurrency broke through the lows of $77.00.
Looking at the chart, it has pushed up today’s rally RSI relative strength indicator towards the resistance level of 39.00, and the index was at $37.95 at the time of writing, with a decrease Litecoin LTC from its previous high, trading at $80.84.
The bulls are likely to target $85.00, but there are also likely to be some hurdles in the form of upcoming resistance points.
Cardano (ADA) Price Analysis
coin rose Cardano ADA Also marginally, as prices traded near a key support level on Wednesday, and the ADA/USD pair hit a high of $0.3727 earlier during yesterday’s session.
Thursday’s marginal gains also saw the currency rise Cardano ADA Above $0.3580, however, the previous momentum had somewhat faded.
On the other hand, the gains seem to have been reversed by a collision RSI relative strength indicator At the 41.00 mark, price strength is now concentrated at 37.06, after failing to break out from the above resistance.
Also read: Whales flock to buy Cardano, taking advantage of the price drop
In addition, it is now trading at $0.3613, with downside pressure significantly higher than it was earlier in the day.