LTC moves below $90.00, as bears run through crypto markets.
/USD dropped to low at $86.83 earlier in today’s session, which comes 24 hours after trading at a high of $91.39.
Today’s drop in price has pushed litecoin to its weakest point since last Wednesday, when the token was at a low of $84.21.Looking at the chart, Monday’s move came as the relative strength index fell to a support level at 44.00. At the time of writing, the index is tracking at 44.80, with an upcoming ceiling of 50.00 a potential target for bulls.Solana
In addition to litecoin, solana was another notable mover on Monday, as the token fell for a third consecutive day.This bearish spell started after bulls were unable to force a breakout beyond a ceiling at the $24.00 mark.One of the catalysts for this was the RSI, which also failed to surge past a key resistance level at 55.
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