Litecoin Hits 2-Week High, Apecoin Extends Gains
• Litecoin (LTC) rose for a third consecutive session, reaching its strongest point since April 30.
• Apecoin (APE) also surged despite crypto markets falling lower.
• Both coins are now targeting the next resistance points with bullish momentum.
Cryptocurrency Markets See Mostly Lower Movement
Cryptocurrency markets experienced mostly lower movement on Tuesday, as global market uncertainty remains high and the overall market cap is down by 1.28%.
Litecoin Rises For Third Consecutive Session
Despite the downward pressure in the market, Litecoin (LTC) was once again in the green, rising for a third consecutive session. LTC/USD surged to a peak of $89.68 after starting the week at a low of $86.42. This puts litecoin at its highest point since April 30th – when price was above $90.00 – and bulls are now targeting that point again with optimism for further gains. The relative strength index (RSI) is currently tracking at 56.28, with visible resistance at 59.00, which could see litecoin closer to 92.00 if broken successfully.
Apecoin Extends Recent Gains
In addition to litecoin’s rally, apecoin (APE) also saw a surge on Tuesday despite current market conditions. Starting off Monday at a low of $3.33, APE climbed to an intraday high of $3 breaking out from its ceiling at $3