THELOGICALINDIAN - THETA GALA and SAND were some of Saturdays better cryptocurrency casualties as an aggression of bearish burden pushed prices lower This came whilst bazaar beasts were few and far amid to activate the weekend
Biggest Gainers
As of writing, DOGE and LUNA were both hardly higher, about it was XRP that fabricated the best assets aural the crypto top 100 this Saturday.
Despite the majority of cryptocurrencies actual in red, XRP is up about 6% as of writing, afterward two canicule of able bullish sentiment.
XRP/USD rose to an intraday aerial of $0.8237 on Saturday, afterward a low of $0.7603 during the affair prior.
The move came as prices continued their ascend from abutment at $0.7550, and they now assume to be branch for a attrition akin abreast $0.8505.
Despite XRP actuality potentially set for abounding gains, this could be baffled by the 58 akin on the 14-day RSI, which appears to be a point of uncertainty.
Should prices administer to ability resistance, however, history has apparent that a cogent bulk of bearish action takes abode at said level.
Biggest Losers
GALA and the head were some of the better cryptos to abatement on Saturday, as the red beachcomber was absolutely present to alpha the weekend.
However, the amount of THETA fell for a third beeline session, and now sits beneath its contempo abutment akin of $3.25.
THETA/USD fell to an intraday low of $3.09 during today’s session, and is bottomward abutting to 5% as of writing.
Prices fell by about 10% beforehand today. However, afterward the blemish from the floor, the bottomward burden eased as traders acceptable asleep some positions.
Today’s abatement saw THETA abatement to its everyman akin back February 6, with the 14-day RSI bottomward to its everyman point back February 4.
Could losses be continued throughout the weekend? Let us apperceive your thoughts in the comments.
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