Dogecoin rebounded from Wednesday’s drop, with the meme coin briefly climbing back above $0.090 in today’s session. However as the day progressed, bearish sentiment heightened, with price declining. Litecoin was also down today, and continues to trade near a multi-week low.
Dogecoin (DOGE) was volatile on Thursday, as prices moved back into the red, after an earlier rebound. DOGE/USD fell to an intraday low of $0.08685 in today’s session, following an earlier high of $0.09297. The meme coin has been volatile in recent sessions, after a week-long bull run was snapped on Wednesday.
Litecoin (LTC) traded near a three-week low in today’s session, as the token moved below $100.00. Following a high of $101.95 on Wednesday, LTC/USD plunged to a low of $89.38 earlier today. This is the lowest level that litecoin has hit since March 31, with bears now potentially targeting a long-term floor at $86.00.
(by Eliman Dambell)
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