Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday’s Gains
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Technical Analysis: LEO up 60% Today, SHIB Falls Lower Following Monday’s Gains

THELOGICALINDIAN - Shiba inus SHIB 50 acceleration on Tuesday seems to accept aggressive LEO beasts who confused to advance prices up by 61 in todays affair The move comes as crypto markets circumscribed yesterdays assets

Biggest gainers

Monday’s better loser, was Tuesday’s better gainer, as UNUS SED LEO was up by as abundant as 61% as of writing.

LEO/USD rose to an intraday aerial of $8.04 during today’s session, afterwards trading at a low of $4.82 to alpha the week.

The move comes afterward a blemish of the $5.40 attrition level, which was formed aftermost Friday, and in abode up until today.

As a aftereffect of the rally, the 14-day RSI surged to a aerial of 81, which was a akin that was additionally captured on Friday, afterward addition abundant amount swing.

However, as apparent from the aftermost time the RSI tracked at this level, bears apace re-entered, as prices arise to be overbought.

There has already been some profit-taking from today’s swing, as aboriginal entrants attending to abstain falling victim to a changeabout agnate to aftermost week’s move.

Biggest losers

Following a acceleration of over 50% on Monday, Shiba Inu was trading abutting to 14% lower on Tuesday, however, this was not today’s buck of the day.

Yesterday’s better balderdash angry buck during the session, as traders arise to accept parachuted from the rocket address to the moon.

$SHIB was bottomward 12.90% as of writing, falling to an intraday low of $0.00002953 in the process, as it already afresh fell beneath attrition of $0.00003406.

The move apoplectic what seemed to be an approaching upside crossover of the 10-day (red) and 25-day (blue) affective average.

Has the course already angry on SHIB, or will we see added rises this week? Let us apperceive your thoughts in the comments.

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