THELOGICALINDIAN - Anchor agreement and WAVES were some of Fridays better gainers as crypto markets mainly traded lower at the end of the anniversary At the time of autograph the all-around cryptocurrency bazaar cap has alone over 4 with GALA and MKR the canicule better decliners
WAVES
WAVES continued its contempo band on Friday, as the world’s 47th better cryptocurrency rose for a sixth after session.
Today’s assemblage in WAVES/USD came as prices rose to their accomplished akin back December 17, breaking above attrition of $19.72.
The amount of WAVES rose to an intraday aerial of $20.87 on Friday, afterward a low of $17.95 beneath than 24-hours ago.
As of autograph this, WAVES traded 4.07% higher, as the 14-day RSI rose to its accomplished akin back January 31.
This acceleration in amount backbone has additionally apparent the RSI move to its accomplished point back aftermost August, back it traded aloft the 80 level.
This may be bad account for bulls, however, as with prices now acutely overbought, whilst trading at resistance, bears are acceptable to be nearby.
Anchor agreement (ANC)
Friday’s better gainer in the crypto top 100 was assuredly anchor agreement (ANC), which rose to a new best high, afterward contempo gains.
Anchor agreement was up for a fourth alternating session, afterward its blemish from the abiding attrition point of $4.05.
This latest move occurred back the 14-day RSI bootless to breach its attic of 69, and instead rose to a now almanac akin of 83.
As of writing, ANC/USD is up about 24%, hitting an intraday aerial of $5.53 in the action of today’s gains.
Overall, ANC is up over 55% in the aftermost seven days, and should this bullish burden continue, we could be set for added almanac highs this weekend.
With prices actuality overbought, is this the absolute time to advertise ANC? Let us apperceive your thoughts in the comments.
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