THELOGICALINDIAN - Despite BTC and ETH trading lower on Monday several cryptocurrencies managed to move college to alpha the anniversary XMR was one of the better climbers with solana additionally affective college during the affair
Monero (XMR)
XMR was one of Monday’s better gainers, as prices rose by about $20 from lows during Sunday’s session.
Following a low of $128.00 on Sunday, XMR/USD rallied to an intraday aerial of $174.62 to alpha the trading week.
Monday’s top came as prices surged for four after sessions, hitting a abreast one-week aerial in the process.
Since these highs beforehand in the day, XMR is now trading hardly beneath a beam of $173.00, as bullish backbone achromatic as the day progressed.
The 14-day RSI is now trading at a attrition akin of its own, which is beneath 43.14, and should it break, we could see XMR breach attrition for the aboriginal time back March.
Should this happen, prices could move afterpiece to the $200 region. A point which monero aftermost hit alone eight canicule ago.
Solana (SOL)
Following three after sessions of gains, SOL was additionally college to alpha the week, about prices beneath as the day progressed.
On Sunday, SOL/USD accomplished the day trading at $53, and went on to hit a aiguille of $58.88 during the aboriginal allotment of Monday’s session.
Since then, prices accept slipped, and as of autograph SOL is currently trading at a akin of $52.32, which is abutting to a one-week low.
Overall, SOL has alone by over $100 back the alpha of April, with prices bottomward beneath $35 aftermost Thursday.
Looking at the chart, the 14-day Relative Strength Index is now tracking at 33.26, which is hardly beneath a beam of 36.
Bulls are acceptable activity to attack to advance prices appear $70, if amount backbone moves accomplished the accepted obstacle in the RSI.
Could we see runs college in accessible sessions? Let us apperceive your thoughts in the comments.
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