) climbed to its highest point in over a week on Wednesday, following a breakout of a recent resistance level./USD started the month of March by climbing to a high of $97.93.
This surge sent litecoin to its strongest point since February and came as prices moved past a ceiling at $95.00.Looking at the chart, one of the catalysts for the move was a breakout on the relative strength index .The next visible point of support seems to be near the 58.00 mark, and should this be hit, there is a strong chance thatAdditionally, polygon also snapped a recent losing streak, as bulls rejected a breakout of a key price floor.
In order to further delay this action, there will likely need to be another jump in price, with bulls likely to target the $1.30 ceiling.Tags in this story
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