Biggest Movers: LTC, ATOM Extend Declines, Hitting 10-Day Lows 

Litecoin fell for a 3rd consecutive league connected Thursday, arsenic the token continued to determination distant from caller highs. Cryptocurrencies person been mostly little successful caller days, arsenic traders proceed to fearfulness a planetary recession. Cosmos besides remained successful the reddish during today’s session.

Litecoin (LTC)

Litecoin (LTC) dropped to a ten-day debased connected Thursday, with the token falling for a 3rd consecutive session.

Following a precocious of $79.20 connected Wednesday, LTC/USD moved to a debased of $74.82 earlier successful the day’s session.

As a effect of this, the token fell to its lowest constituent since November 29, erstwhile prices deed a bottommost of $73.39.

LTC/USD – Daily Chart

Looking astatine the chart, it appears that litecoin bears are hoping to propulsion prices towards a level astatine $73.00.

This seems a possibility, particularly with the 14-day comparative spot scale (RSI) accelerated approaching a level of its own.

The scale is presently tracking astatine 57.10, and seems to beryllium moving towards a enactment constituent of 53.00.

Cosmos (ATOM)

Another notable token connected Thursday has been cosmos (ATOM), which fell to a ten-day debased earlier successful the day.

ATOM/USD fell to a bottommost of $9.52 connected Thursday, earlier bulls reentered the marketplace and bought the caller dip.

Today’s bottommost saw cosmos commercialized astatine its lowest level since November 28, which was the past clip the token deed its level astatine $9.45.

ATOM/USD – Daily Chart

As of writing, ATOM has mostly rebounded, and is presently trading astatine the $9.71 level.

In summation to this, the RSI has bounced from a level of its ain astatine 39.50, and is presently tracking astatine 41.40.

Should momentum proceed successful an upward direction, ATOM bulls volition apt people a determination supra the $10.00 mark.

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Do you expect cosmos to determination supra $10.00 this week? Let america cognize your thoughts successful the comments.

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