Biggest Movers: LTC Back Under $90.00, as SOL Extends Declines

Litecoin fell beneath the $90.00 level connected Monday, arsenic sentiment successful cryptocurrency markets remained mostly bearish. The planetary marketplace headdress is down 1.87% astatine the clip of writing, which seems to beryllium a effect of the upcoming Federal Reserve involvement complaint decision. Solana was besides successful the reddish today.

Litecoin (LTC)

Litecoin (LTC) was down for a 2nd consecutive league connected Monday, arsenic markets prepared for the upcoming United States Federal Reserve argumentation decision.

LTC/USD dropped to debased astatine $86.83 earlier successful today’s session, which comes 24 hours aft trading astatine a precocious of $91.39.

Today’s driblet successful terms has pushed litecoin to its weakest constituent since past Wednesday, erstwhile the token was astatine a debased of $84.21.

LTC/USD – Daily Chart

Looking astatine the chart, Monday’s determination came arsenic the comparative spot scale (RSI) fell to a enactment level astatine 44.00.

At the clip of writing, the scale is tracking astatine 44.80, with an upcoming ceiling of 50.00 a imaginable people for bulls.

Should this constituent beryllium hit, determination is simply a beardown anticipation that LTC volition determination backmost supra the $90.00 mark.

Solana (SOL)

In summation to litecoin, solana (SOL) was different notable mover connected Monday, arsenic the token fell for a 3rd consecutive day.

Following a precocious of $23.93 connected Sunday, SOL/USD slipped to a bottommost of $22.05 earlier successful the day.

This bearish spell started aft bulls were incapable to unit a breakout beyond a ceiling astatine the $24.00 mark.

SOL/USD – Daily Chart

One of the catalysts for this was the RSI, which besides failed to surge past a cardinal absorption level astatine 55.00

As of writing, terms spot is tracking astatine 48.58, with the adjacent disposable level astatine the 45.00 zone.

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Will solana autumn beneath $20.00 this week? Let america cognize your thoughts successful the comments.

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