Cryptocurrencies have seen a mixed sentiment at the start of the week, with the global market capitalization experiencing a 0.83% increase due to volatility. February 27. Additionally, Shiba Inu and Litecoin both experienced marginally higher trading on Monday, reaching a four-day high.
Shiba Inu (SHIB)
Shiba Inu (SHIB) saw slightly higher trading to start the week, despite being largely consolidated. The meme coin rebounded from its low-long-term price at the $0.00001230 mark and reached an intraday high of $0.00001307.
Overall, SHIB is down 7% in the past seven days, following a crossover of the 10-day and 25-day (red) moving averages. Additionally, the 14-day RSI has also not affected a ceiling at the 52.00 mark. Currently, the index is at 50.44 after bulls rejected a 49.00 bottom break.
Litecoin (LTC)
Litecoin (LTC) experienced gains in tandem with SHIB, reaching a four-day high. LTC/USD rose to an exaggerated $95.58 at the start of the week, after spending the weekend trading as low as $93.79.
