THELOGICALINDIAN - GALA was one of Tuesdays big gainers as cryptocurrency markets were already afresh trending upwards Overall the cryptocurrency bazaar assets is about 4 college as of writing
Biggest gainers
On Tuesday, crypto markets were blooming beyond the board, as traders already afresh re-entered the exchange afterward the ambiguity acquired by the tensions amid Russia and Ukraine.
Gala (GALA) was one of these bulls, aggressive by as abundant as 16% beforehand in the session, about it was qtum (QTUM) which led today’s gainers.
QTUM/USD, which was trading at a low of $6.33 on Monday, climbed to an intraday aerial of $8.15 beforehand today.
Today’s move came as the amount of QTUM rallied from abutment of $6.35, all the way appear attrition of $7.90 and beyond.
However, as prices hit the contempo ceiling, profit-takers began to cash their positions, which led to QTUM falling from its high.
This came as amount backbone additionally begin some resistance, with the 14-day RSI hitting its beam of 56, an breadth which has acted as a point of ambiguity in the past.
Some beasts are acceptable to still abide in QTUM/USD, in hopes that a blemish of this attrition will booty prices aloft $9.
Biggest losers
As the majority of the crypto top 100 was trading college on Tuesday, award a buck was no beggarly feat.
Tuesday’s better loser, almost speaking, was symbol (XYM), which fell by abutting to 0.70% on the day.
The amount of XYM/USD, which hit a aerial of $0.1782 yesterday, fell to an intraday low of $0.1725 on Monday, as markets assume to be branch for support.
This came as amount backbone advised at the 45.15 beam of the RSI, with bears blame drive lower.
In accession to this, the affective averages of 10-days, and 25-days arise to be set for a bottomward cross, which could beggarly the attic of $0.1616 may not alone be hit, but potentially broken.
Could beasts be set to buy at the abutment level? Let us apperceive your thoughts in the comments.
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