Tuesday, June 6, 2023

Solana had a good Monday with its value increasing to the highest it has been in a week, meaning it recovered after decreasing below $20.00 last week when all crypto prices were going down. Litecoin also did good today, climbing up by almost 7%.

SOL on the Rise

The price of Solana (SOL) rose high on Monday to the highest point in one week. Before that, it was low at $20.65 on Sunday. It reached a peak of $21.49 today, which is almost as high as last Monday when its price was close to $22.00. One reason why this happened was because the 14-day RSI (Relative Strength Index) broke away from 45.00.

Right now, the stock market is at 48.31 – its highest number in almost ten days. If people keep feeling good about it this week, SOL stock might get close to hitting $24.00, which has been a goal for a long time.

Litecoin (LTC) Soars to its Highest Point Since March 6!

Today, Litecoin (LTC) made a big jump in price, increasing by about 7%. This large jump pushed the value of LTC up to its highest point since March 6, which was close to $90. Additionally, on the chart for this cryptocurrency, you can see that a new ceiling at 51.00 has been broken.

At this moment, the price strength is around 54.15 with a possible resistance at 58.00. It might go above 90.00 dollars soon! If you want to get regular updates about the price analysis in your mailbox then register your email for that here.

What could be causing the rise in prices today? Please leave your thoughts in the comment box below and share some pictures if you want!


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