Litecoin fell for a third consecutive session on Thursday, as the token continued to move away from recent highs. Cryptocurrencies have been mostly lower in recent days, as traders continue to fear a global recession. Cosmos also remained in the red during today’s session.
Litecoin (LTC)
Litecoin (LTC) dropped to a ten-day low on Thursday, with the token falling for a third straight session.
Following a high of $79.20 on Wednesday, LTC/USD moved to a low of $74.82 earlier in the day’s session.
As a result of this, the token fell to its lowest point since November 29, when prices hit a bottom of $73.39.
Looking at the chart, it appears that litecoin bears are hoping to push prices towards a floor at $73.00.
This seems a possibility, especially with the 14-day relative strength index (RSI) fast approaching a floor of its own.
The index is currently tracking at 57.10, and seems to be moving towards a support point of 53.00.
Cosmos (ATOM)
Another notable token on Thursday has been cos
We współpracy z: https://news.bitcoin.com/biggest-movers-ltc-atom-extend-declines-hitting-10-day-lows/
