LRC and LTC Pump as Overall Breaks $2.9 Trillion

LRC is finding new all-time highs over $3 as the overall cryptocurrency market cap rises to over $2.9 trillion. LRC’s former all-time high was around $2.50 or so, and it blasted through that today. It should be noted that the MFI is well into overbought territory and the momentum of the MACD is still swinging upward but looks as if it may start to stagnate. It should be noted that in this price discover territory things may become volatile, so be careful trading it in the short term after this type of price action.

While LTC is still not in price discovery mode, it has still seen fairly strong movement over the last couple of days. Since 11/7/21, LTC has seen movement from around $200 to above $270. Currently, it is attempting to find support above $255. It should be noted that the MFI for LTC is also well into overbought territory and the MACD is starting to swing downward after LTC tested $274 earlier today.