Litecoin was back above $80.00 on Wednesday, as the token climbed away from a recent six-week low. Today’s rise in price sees the cryptocurrency surge for a third straight day, despite recent market volatility. Cardano was also marginally higher.

Litecoin (LTC)

Litecoin (LTC) jumped back above $80.00 earlier in today’s session, as the token continued to move away from recent lows.

Following yesterday’s low of $78.18, LTC/USD raced to an intraday high of $81.97 on Thursday.

The surge saw litecoin rise from a recent six-week low of $75.32, which took the cryptocurrency to a breakout of a floor at $77.00.

Looking at the chart, today’s rally pushed the relative strength index (RSI) towards a resistance level of 39.00.

At the time of writing, the index is currently tracking at 37.95, with Go to Source to See Full Article
Author: Eliman Dambell

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