Litecoin rallied to a three-week high on Nov. 22, despite the global cryptocurrency market cap mostly residing in the red. As of writing, the crypto market is down 1.11%, however, litecoin is up by over 12%. Another notable gainer has been chainlink, which rose for a second straight session.
Litecoin (LTC) was a big mover on Tuesday, as the token rose by as much as 12% earlier in the session.
Following a low of $60.04 to start the week, LTC/USD raced to an intraday peak of $68.36 today.
The surge in price sent the token to its highest level since November 7, when price was at $73.00.
Looking at the chart, today’s rally also comes as LTC moved past a key resistance point