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On Tuesday, Litecoin increased for a third straight session despite a general decline in cryptocurrency markets. Due to the continued high level of market uncertainty, the worldwide market cap is currently down 1.28%. Along with Bitcoin, Apecoin increased its recent advances.
Litecoin (LTC)
Litecoin (LTC) was up again as the token increased for a third straight session.
After beginning the week at a low of $86.42, LTC/USD soared to a high of $89.68 in today’s session.
Tuesday’s rally has seen litecoin climb to its strongest point since April 30, the last price above $90.00.
According to the chart, this level is once more the bulls’ aim, and it is quite likely that they will reach it in the upcoming days.
The relative strength index (RSI) is currently tracking at 56.28 after breaking out of a ceiling at 50.00.
If the 59.00 level is reached, the next obvious point of resistance will be over $90.00 and possibly even closer to 92.00 for LTC.
Apecoin (APE)
Despite the current state of the market’s uncertainties, apecoin (APE) also saw a rise on Tuesday in addition to LTC.
After beginning the week at a low of $3.33, APE increased to an intraday high of $3.45 earlier today.
APE’s price increased as a result of breaking through a ceiling at $3.35, reaching its highest level since May 8.
APE has dipped slightly below prior highs as a result of its RSI’s failure to surpass a 38.00 resistance level.
Price strength is currently at the 37.69 level with the current price being $3.42.
Bulls have a decent chance of breaking through this barrier, which would allow APE to continue its advance towards $4.00.
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