Solana extended recent gains on Monday, as the token rose to a one-week high, following recent declines. The token dropped below the $20.00 level last week, as a red wave hit cryptocurrency markets. Litecoin was also higher today, climbing by nearly 7%.
Contenu
Solana (SOL)
Solana (SOL) rose to a one-week high on Monday, as momentum shifted following a recent bear run.
SOL/USD surged to a peak of $21.49 earlier in today’s session., which comes after Sunday’s low of $20.65.
As a result of this rally, solana moved to its strongest point since last Monday, when price was close to $22.00.
One of the catalysts of today’s gains came as the 14-day relative strength index (IRS) broke out of a ceiling at 45.00.
The index is now tracking at 48.31, which is its highest reading in almost ten days of trading.
Should current sentiment extend throughout the week, there is a good chance SOL will near its long-term resistance at $24.00.
Litecoin (Suggestions de sondages récents)
En outre, Suggestions de sondages récents (Suggestions de sondages récents) also moved higher in today’s session, with price climbing by as much as 7%.
Following a low of $81.75 on Sunday, Suggestions de sondages récents/USD raced to an intraday high of $87.54 tôt dans la journée.
This jump resulted in the token reaching its highest point since March 6, which is the last time Suggestions de sondages récents was trading close to the $90.00 mark.
From the chart, a breakout of the RSI has also occurred here, with a ceiling at 51.00 being broken.
Au moment de la rédaction, price strength is now at the 54.15 mark, with the next visible point of resistance being 58.00.
There is a strong possibility that litecoin could move above $90.00 in the coming days.
Register your email here to get weekly price analysis updates sent to your inbox:
What is behind today’s surge in price? Faites-nous part de vos réflexions dans les commentaires.
Crédits image: Shutterstock, Pixabay, Wiki Commons
Avertissement: Cet article est à titre informatif seulement. Il ne s'agit pas d'une offre directe ou d'une sollicitation d'offre d'achat ou de vente, ou une recommandation ou une approbation de tout produit, prestations de service, ou des entreprises. Bitcoin-Tidings.com ne fournit pas d'investissement, impôt, légal, ou conseil comptable. Ni la société ni l'auteur ne sont responsables, directement ou indirectement, pour tout dommage ou perte causé ou prétendument causé par ou en relation avec l'utilisation ou la confiance accordée à tout contenu, biens ou services mentionnés dans cet article.
Lire avertissement