THELOGICALINDIAN - AXS was trading lower on Wednesday afterwards it was appear that the Axie Infinity arrangement Ronin suffered a aperture arch to hackers burglary over 620 actor from the blockchainbased trading and aggressive bold This came as ZIL was trading by over 50 college during the session
Zilliqa (ZIL)
Zilliqa (ZIL) was up by over 50% in today’s session, as traders connected to acknowledge to the account that Zilliqa was partnering with Agora.
Following the news, ZIL rallied by over 200% in the accomplished week, with today’s assets seeing prices hit an intraday aerial of $0.1604.
Today’s aiguille comes as ZIL/USD bankrupt accomplished its attrition akin of $0.1080, blame prices to a new almanac aerial in the process.
Looking at the chart, these contempo highs accept appear as prices confused abroad from the abutment akin of $0.0418 on March 21.
Since again we accept apparent a band of college highs from ZIL, with amount backbone currently tracking off the charts.
As of writing, the 14-day RSI is currently at a account of 89.17, which is essentially aloft its antecedent aerial of 65.
This could be agreeable to bears attractive for a changeabout in prices.
Solana (SOL)
AAVE, HNT, and VET were all big movers today, with best of these aggressive by over 10%, about the best notable accessory mover today was SOL.
SOL/USD climbed to an intraday aerial of $124.29 during today’s trading session, as it replaced LUNA as the world’s eighth-largest cryptocurrency.
This move from SOL came as the amount bankrupt out of the abiding attrition akin at $113.70, hitting a six-week aerial in the process.
The billow in amount on Wednesday, which took prices to their accomplished back February 7, came as the 14-day RSI confused accomplished its abiding ceiling.
Looking at the chart, the attrition of 65.9 on the indicator was burst for the aboriginal time back November and now advance at 74.4.
With amount backbone now acutely overbought, we may be set for some consolidation, that potentially leads to a changeabout in price, as beasts exit, and bears attending to enter.
Will SOL abide aloft LUNA for the butt of this week? Let us apperceive your thoughts in the comments.
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