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Solana was up by as a lot as 15% on Tuesday, as momentum in cryptocurrency markets shifted larger. The worldwide crypto market cap is up by 4.42% on the time of writing. Litecoin was one other notable mover, because the token rose to a five-week excessive.
Solana (SOL)
Solana (SOL) rose by as a lot as 15% in right now’s session, as bullish sentiment returned to cryptocurrency markets.
Following a low of $20.18 to start out the week, SOL/USD rose to a peak of $23.20 on Tuesday.
On account of right now’s transfer, solana rose to its strongest level since March 20, when the token was at a excessive of $23.99.
From the chart, it seems that right now’s transfer coincided with the 14-day relative energy index (RSI) transferring past a ceiling at 58.00.
On the time of writing, the index is monitoring at 63.74, which is marginally under a better resistance degree of 64.00.
Ought to solana bulls take the RSI past this level, then there’s a good probability that worth may transfer above $24.00.
Litecoin (LTC)
Along with SOL, litecoin (LTC) was one other notable gainer on Tuesday, because the token moved to a multi-week excessive.
LTC/USD jumped to a excessive of $96.89 earlier in right now’s session, which comes after buying and selling at a backside of $92.37 on Monday.
Tuesday’s surge noticed litecoin climb to its highest degree since March 2, when LTC was buying and selling at $98.34.
Wanting on the chart, costs briefly rose above a key resistance degree of $95.50, nevertheless because the session has progressed, these good points have been misplaced.
On the time of writing, LTC is buying and selling at $95.41, which stays 2.61% larger than Monday’s low.
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