Litecoin rose to a seven-month high to start the week, as cryptocurrency markets continued to react to the latest U.S. nonfarm payrolls figures. The token was up for a second consecutive session, climbing to its highest point since May. Shiba inu was also a notable gainer on Monday.
Litecoin (LTC)
Litecoin (LTC) raced to a six-month high on Monday, as the token climbed for a second consecutive session.
Following a low of $75.93 on Sunday, LTC/USD raced to an intraday peak of $83.49 earlier today.
This move saw litecoin climb to its strongest point since May 10, when the token was trading at a high of $85.02.
Looking at the chart, today’s rally came as the token moved beyond a resistance at the $82.70 mark.
In addition to this, the 14-day relative strength index (RSI) has moved past a ceiling of its own at the 66.00 level.
As of writing, the index is hovering at the 68.43 point, which is its strongest point since November 24.
Shiba Inu (SHIB)
Shiba inu (SHIB) was another notable gai
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