LTC, ETC surge 15% as U.S. banking stocks plunge.
/USD surged to an intraday high of $79.53 earlier in today’s session, less than 24 hours after hitting a low of $68.66.
The move saw litecoin climb to its strongest point since last Friday, when the token was at a peak of $84.92.Looking at the chart, one catalyst of the move appears to be the 14-day relative strength index , which broke out of a recent resistance point. As of writing, the index is tracking at 41.05, following a move beyond the aforementioned ceiling at 40.00.bulls will take price to a ceiling at $85.00.
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