On November 30, Litecoin was a major mover as the coin inched closer to a recent six-month high. Following yesterday’s gains, cryptocurrency prices continued to rise on Wednesday, and as of the time of writing, the market capitalization was up 2.07% globally. As prices rose from recent lows, near-protocol prices also increased today.
Litecoin (LTC) moved closer to a six-month high on Wednesday as the token rose for a second straight session.
After trading at a low of $75.21 for less than 24 hours, LTC/USD surged to an intraday high of $79.73 earlier in today’s session.
The move saw LTC climb to its highest point since last Wednesday when the token hit $83.43.
Since May 10, this was the highest price at which litecoin had been trading, as the relative strength index (RSI) rose from a recent low.
As of writing this, the index is currently tracking at 65.48, which is above a support point of 61.45.
LTC is trading at $78.04, with earlier gains somewhat slowing. Despite this, the bulls will still be aiming for a move above $80.00.
Near protocol (NEAR) was another notable gainer on Wednesday, as prices continued to move away from recent lows.
Following a low of $1.59 on Tuesday, NEAR/USD surged to an intraday high of $1.73 earlier today.
As a result, near protocol moved away from its long-term support point of $1.50, and is now nearing a resistance point of $1.75.
Looking at the chart, the RSI is now hovering slightly above a ceiling of 35.00, and is tracking at 35.07.
As of writing this, NEAR has fallen below earlier highs of $1.73, and is currently trading at $1.70.
If price strength keeps rising above its current ceiling, the token will likely surge past the $1.75 mark and inch closer to $2.00.
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Could we see near protocol climb above $2.00 in December? Let us know your thoughts in the comments.