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HomeAltcoinsThe biggest movers on Friday were LTC and BCH, which rose 20%.

The biggest movers on Friday were LTC and BCH, which rose 20%.

Bulls drove Litecoin to its highest point since April during today’s session, increasing its value by as much as 20%. Before the most recent U.S. consumer sentiment survey, which increased to a rating of 64.4, the change was made. Since April 2022, Bitcoin Cash has risen to its greatest level.

Litecoin (LTC)

As traders appeared to stay positive on the currency following its recent listing on EDX exchanges, Litecoin (LTC) climbed above $100.00 for the first time since April.

Following a low of $84.25 the day before, LTC/USD reached an intraday top of $102.38 earlier in today’s session.

Due to the rise, litecoin achieved its highest position since April 18 when the price topped out at $103.41.

Bulls were able to overcome recent resistance at $98.00, and the relative strength index (RSI) also managed to do so, which led to today’s movement.

On its path to its present value of 65.43, Litecoin’s price strength soared over a ceiling at the 62.00 level.

If the current trend holds, bulls will probably lessen their pressure closer to the impending mark of 68.00.

Bitcoin Cash (BCH)

For a second straight session, Bitcoin Cash (BCH) saw huge gains, climbing by more than 20% to finish the week.

BCH/USD accelerated to an intraday high of $312.77 earlier in the day after hitting a low of $241.21 on Thursday.

Due to this most recent uptrend, BCH reached its highest level since April 18 of last year, when the price reached a high of $345.00.

According to the chart, the most recent gain has caused the RSI to reach an extremely overbought level of 86.97.

The 10-day moving average (red) has likewise moved much farther away from the 25-day moving average (blue).

For bears waiting for the ideal opportunity to reenter the market, this might indicate a probable peak.

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