LTC races to 9-month high, atom is expanding the latest profits-market tactualizations

Litecoin raced on February 1 to a high nine -month high after an important resistance brand was broken. The price increase is due to the fact that global market capitalization for cryptocurrencies has increased slightly higher today and has increased by 0.57 % at the time of writing. Cosmos was another remarkable movement, with prices that rose for a second session in a row.

litecoin ( ltc )

litecoin ( ltc ) on Wednesday rose to a nine-month high, when prices rose beyond an important level of resistance.

ltc /USD in today's session, a maximum of 97.73 $, less than 24 hours after trading in a deep of $ 93.05

As a result of the increase, Litecoin has risen to his strongest point since May 5, when prices were at a maximum of $ 106.86.

If you look at the diagram, the movement took place after an outbreak over an upper limit at $ 95.50 when the relative strength index (RSI) collided with its own resistance.

At the moment, the index moves at 65.96, which is slightly below a level of resistance of 66.00

A little has been declined for this point for this point since approaches ltc is now being traded at 95.58 $

Kosmos ( atom )

Kosmos ( atom ) was a further remarkable movement in today's meeting, whereby the token increase in the second day in a row

after a low of $ 13.15 on Tuesday atom /USD previously moved to a maximum of $ 13,84 $

at the rally on Wednesday Cosmos moved over an upper limit of $ 13.50 and approached its highest level since November 8th.

During this level of resistance, the 14-day RSI approached one of his own at 66.00.

At the moment, the index moves at 61.77 after it has bounced off a support point at 58.00

If this upper limit is reached at 66.00, this is probably atom could be traded above $ 14.00

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Do you expect Cosmos to climb over $ 14.00 this week? Share your thoughts in the comments.

Eliman Damell

Eliman brings an eclectic point of view to the market analysis. Previously, he was a brokerage director and online trading instructor. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange, and is also the founder of a startup.

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