Biggest Movers: LTC Hits 6-Week High, as LEO Rises for the Ninth Straight Day – Market Updates Bitcoin News

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LTC up 10% on Wednesday, hitting a 6-week high.

Following a low of $54.64 during Tuesday’s session,The rally sees the token move past a key resistance level of $58.20, hitting its strongest point since mid-September in the process.As can be seen from the chart, the 14-day relative strength index has also surged, and is now firmly in overbought territory.In addition to this, the 10-day has now continued its uptrend, maintaining its recent crossover with its 25-day counterpart.

Unus sed leo extended an impressive run of gains in today’s session, as prices rose for a ninth straight day. LEO/USD surged to a high of $4.66 earlier today, which comes less than a day after hovering at a low of $4.51. Like with litecoin above, today’s surge sees LEO move past a key ceiling of $4.55, on its way to a multi-week high.Overall, the token is now trading at its highest point since September 23, with the RSI also substantially higher.A resistance of 68.00 seems to be the target of current bulls, and if reached, some traders could move to secure previous gains.Tags in this story

 

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