Litecoin (LTC) rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the US. Dogecoin (DOGE), a meme coin, also increased recent gains, rising for a fifth straight day. If price strength continues beyond this level, LTC bulls will probably try to reach $90.00. LTC/USD has risen to a seven-day high, breaking out of a ceiling at $85.00. The relative strength index (RSI) for the past 14 days has increased to 49.53, its highest level since March 2.
Biggest Movers: LTC Back Above $80, DOGE Extends Gains Following Inflation Report