Biggest Movers: LTC Snaps Losing Streak, SOL Moves 7% Lower – Market Updates Bitcoin News

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LTC ends recent losing streak, SOL falls 7%.

/USD rose to an intraday high of $95.36 earlier in today’s session, which comes 24 hours after falling to a low of $92.48.LTCThis has also delayed what many expected to be an inevitable downward crossover, between the 10-day moving average, and its 25-day counterpart.

Both trend lines now seem to be heading upwards, and this comes as the relative strength index also climbed.Solana , on the other hand, extended recent declines, as the token remained in the red for a second straight day.On the other side of the spectrum, recent bearish sentiment has risen following a false breakout of a ceiling at $26.50 earlier this week.This comes as the RSI, which is tracking at 52.58, now looks set to collide with a long-term support point at 50.00.

A glimmer of hope does exist however, with the 10-day moving average crossing over the 25-day trend line, which is typically a sign of upward momentum. Should this happen, there is a strong chance that SOL could move beyond a ceiling at $26.50 in the upcoming days.Tags in this story

 

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I hold both projects in my ownr and confident of success

$LTC. 🚀🚀🚀 $SOL. 🚀🚀🚀🚀

It will be interesting to see how the crypto market moves in the next few weeks. I still feel like positive news is still being stifled by the current market sentiment but it has been starting to turn around since the start of 2023.

It's like sudden halt happen over sudden

bitcoin The consolidation period might end soon and we’ll have a good opportunity to long/short it below 24k would be a short trade indication as target If you aren’t following lynn_v1 you should be There aren’t many who have a better understanding of value investing.

Who cares?

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