LTC היט די העכסטן פונט זינט יוני, ווי אַפּע קליימז צו 3-וואָך הויך

Litecoin rose to a three-month high in today’s session, following a breakout of a key resistance level. The move took place prior to the release of U.S. inflation data, which fell to 8.3% in August. However, following the release, which was higher than expected, earlier gains eased. Apecoin also hit a multi-week high in today’s session.

ליטעקאָין (LTC)

ליטעקאָין (LTC) climbed to a three-month high on Tuesday, as the token moved beyond its $64.50 resistance level.

נאָך אַ נידעריק פון $60.39 צו אָנהייבן די וואָך, LTC/USD rallied to an intraday peak of $67.07 in today’s session.

This is the strongest point that litecoin has traded at since June 1, when the token hit a high of $70.50.

Today’s surge in LTC was somewhat short lived, with prices falling below the aforementioned resistance point as the day progressed.

As of writing, litecoin is trading at $63.43, and this comes as the relative strength index (RSI) hit a hurdle of its own.

The index collided with a ceiling of 60.00, which bulls have so far been unable to move beyond, resulting in prices dropping.

Apecoin (APE)

While litecoin hit a three-month peak, apecoin (APE) moved to a three-week high earlier in the day.

APE/USD was able to climb to a peak of $5.87 on Tuesday, less than 24 hours after trading at a low of $5.25.

Tuesday’s top is the highest point that apecoin has traded at since August 18, when the token was above $6.00.

Looking at the chart, APE has been on a bull run over the past week, following a bounce from support of $4.20.

This has led to an increase in price momentum, with the 10-day (red) moving average, now on the cusp of a cross with the longer-term 25-day (blue) trend line.

Prices have since tailed off, as the RSI fell from its recent six-week peak above the 60.00 mark.

פאַרשרייַבן דיין E- בריוו דאָ צו באַקומען וויקלי דערהייַנטיקונגען פון פּרייַז אַנאַליסיס געשיקט צו דיין ינבאָקס:

Can apecoin continue to rise this week, despite market volatility increasing? Let us know your thoughts in the comments.

אלימאן דאמבעל

עלימאַן ברענגט אַן יקלעקטיק פונט פון מיינונג צו מאַרק אַנאַליסיס, ער איז געווען פריער אַ בראָוקערידזש דירעקטאָר און רעטאַיל טריידינג עדזשאַקייטער. דערווייַל, ער אקטן ווי אַ קאָמענטאַטאָר אין פאַרשידן אַסעץ קלאסן, אַרייַנגערעכנט קריפּטאָ, סטאַקס און פקס.