Les plus gros déménageurs: ADA Snaps Losing Streak as BCH Moves to 10-Day High

Cardano ended a two-day losing streak on Monday, as the token moved closer to a two-month high to start the week. Cryptocurrency markets were mostly lower in today’s session, with the global market cap down 0.36% as of writing. Bitcoin cash also climbed, hitting a ten-day high.


Cardano (IL Y A)

Cardano (IL Y A) snapped a two-day losing streak to start the week, despite the global market cap mostly consolidating on Monday.

Following a low of $0.3729 on Sunday, IL Y A/USD surged to an intraday high of $0.4035 earlier in today’s session.

Today’s move saw cardano near Friday’s high of $0.4093, which was its highest point since mid-February.

Biggest Movers: ADA Snaps Losing Streak as BCH Moves to 10-Day High
IL Y A/USD – Daily Chart

En regardant le graphique, the climb in price coincided with the relative strength index (IRS) moving towards a ceiling of its own at 60.00.

Au moment de la rédaction, the index is tracking at 58.91, after moving away from a floor at 56.00.

Should price strength move past the upcoming ceiling at 60.00, then there is a strong chance IL Y A will recapture a fresh multi-month high.

Argent Bitcoin (BCH)

Bitcoin cash (BCH) was another notable gainer to start the week, as the token moved to a ten-day high.

BCH/USD hit a peak of $129.15 En Lundi, a day after the price was trading at a low of $120.54.

This rally sent BCH to its strongest point since March 24, when it rose to a peak at $132.05.

Biggest Movers: ADA Snaps Losing Streak as BCH Moves to 10-Day High
BCH/USD – Daily Chart

Earlier gains have since slipped, as the RSI collided with a ceiling at the 51.00 mark. Currently the index is tracking at 50.59, following a rally from a support point of 47.00.

Globalement, bitcoin cash is now up 5.78% from the same point last week.

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Do you expect bitcoin cash to extend this rally further into the week? Faites-nous part de vos réflexions dans les commentaires.

Elie Dambell

Eliman was previously a director of a London-based brokerage, whilst also an online trading educator. Actuellement, he commentates on various asset classes, including Crypto, Actions et devises, whilst also a startup founder.

Crédits image: Shutterstock, Pixabay, Wiki Commons

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