Litecoin snapped a current bear run on Tuesday, as cryptocurrency costs moved marginally increased. The token was up by almost 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 assist 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 strain intensified as soon as the token hit a key assist level of $63.50.
Wanting on the chart, the 14-day relative energy index (RSI) additionally rose, shifting away from its long-term flooring of 33.50.
Since shifting away from yesterday’s six-month low, the index is now monitoring on the 37.46 mark.
The following seen resistance appears to be the 46.00 degree, and if hit, LTC will probably 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 prime of $6.54.
Much like litecoin, right this moment’s transfer noticed costs transfer away from a four-week low, rising from a current flooring within the course of.
LINK rallied on the $5.80 assist, which got here because the RSI rose above a ceiling on the 37.00 degree.
As of writing, the index is monitoring at 39.81, with LINK/USD buying and selling at $6.06.
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