Litecoin (LTC) and Cardano (ADA) are two of the top-ranked cryptocurrencies in terms of market cap and had a positive day of trading this week. LTC broke through the $80.00 mark after a long period of trading below it and ADA reached the $0.3727 mark due to the increase in demand in the market.

Starting on LTC, after the token dropped to a six-week low of $75.32 the price suddenly jumped past the previous ceiling of $80.00 and eventually hit an intraday high of $81.97. The surge in value pushed the relative strength index (RSI) towards a resistance level of 39.00. As of the time of writing, the index was tracking at 37.95, LTC was trading at $80.84 and bulls were looking to target a new high at $85.00.

Moving onto ADA, the token was able to break away from its support level of $0.3580 and push on to its intraday high of $0.3727 in the middle of the day. However, gains seemed to fade as soon after thanks to the RSI colliding with a ceiling at the 41.00 mark. Pressure is currently much higher now and it is trading at $0.3613.

Failure to break the floor at $0.3580 and the ceiling at $0.3727 has left the market uncertain of its path in the coming days. It looks like bullish investors will have to be more stratgic to get these tokens past the resistance that has stifled its advancement.



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