Biggest Movers: BNB Hits 20-Day High, as LTC Extends Recent Gains

Litecoin roseate for a sixth consecutive league to commencement the week, arsenic bullish sentiment returned to cryptocurrency markets. As of writing, the planetary marketplace headdress is up by arsenic overmuch arsenic 2.50%. BNB was besides successful the green, hitting a 20-day precocious connected Monday.

Litecoin (LTC)

Litecoin (LTC) was a notable mover connected Monday, arsenic the token climbed for a sixth consecutive session.

LTC/USD raced to a highest of $92.16 earlier successful the day, which comes little than 24 hours aft trading astatine a debased of $89.10.

This determination has led to litecoin climbing to a cardinal absorption level of $93.00, which was past deed connected May 23.

From the chart, the caller emergence seems to beryllium a effect of the comparative spot scale (RSI) breaking retired of a ceiling astatine 51.00.

The scale has since rallied further, hitting a absorption constituent astatine 57.00, which has resulted successful earlier gains fading.

At the clip of writing, LTC is trading astatine $91.38, with terms spot astatine a speechmaking of 56.05.

BNB

BNB, oregon binance coin, was besides successful the greenish to commencement the week, with prices moving to a multi-week precocious successful the process.

Following a bottommost astatine $307.53 connected Sunday, BNB/USD roseate to an intraday highest of $316.83 earlier today.

This surge saw BNB deed its highest level since May 9, erstwhile the token was trading supra $320.00.

Overall, BNB is present trading 2% higher than astatine the aforesaid constituent past week, with today’s rally sending the RSI to its strongest speechmaking since May 1.

In summation to this, the 10-day (red) moving mean (MA) is besides moving towards an upwards crossover with the 25-day (blue) MA.

Should this transverse instrumentality place, determination is simply a bully accidental that BNB volition determination towards a semipermanent ceiling astatine the $340.00 mark.

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What is the highest constituent BNB volition deed earlier the period ends? Let america cognize your thoughts successful the comments.