Biggest Movers: SHIB, LTC Marginally Higher During Volatile Start to the Week

Shiba inu started the week trading marginally higher, contempt cryptocurrencies mostly consolidating connected Feb. 27. At the clip of writing, the planetary marketplace headdress is presently up 0.83%, arsenic volatility has intensified. Litecoin besides rebounded connected Monday, hitting a four-day high.

Shiba Inu (SHIB)

Shiba inu (SHIB) continued to determination distant from a caller enactment constituent to commencement the week, arsenic prices roseate marginally higher connected Monday.

Following a debased $0.0000124 connected Sunday, SHIB/USD raced to an intraday precocious of $0.00001307 earlier today.

This determination comes arsenic the meme coin bounced from its semipermanent terms level astatine the $0.00001230 mark.

SHIB/USD – Daily Chart

Overall, SHIB is down 7% successful the past 7 days, and this comes pursuing a downward transverse of the 10-day (red) and 25-day (blue) moving averages.

In summation to this, the comparative spot scale (RSI) of 14 days has besides failed to determination past a ceiling astatine the 52.00 mark

The scale is present tracking astatine 50.44, which comes aft bulls rejected a breakout of a level astatine 49.00.

Litecoin (LTC)

In summation to SHIB, litecoin (LTC) besides climbed higher, hitting a four-day precocious successful the process.

LTC/USD moved to a highest of $95.58 to commencement the week, aft ending the play trading astatine a bottommost of $93.79.

As a effect of today’s gains, the token is present trading astatine its strongest constituent since past week, Thursday.

LTC/USD – Daily Chart

The archetypal determination came pursuing a breakout of a absorption constituent of 50.00 connected the RSI indicator.

As of writing, the scale is hovering somewhat supra this mark, with a existent speechmaking of 50.43.

LTC has since declined, and is present astatine $94.64, which appears to beryllium a effect of terms spot tracking adjacent a ceiling.

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Do you expect litecoin to ascent supra $100.00 this week? Let america cognize your thoughts successful the comments.

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