WAVES was undoubtedly Tuesday’s greatest gainer, climbing by as a lot as 50% through the session. Gains in WAVES got here as nicely, as LUNA as soon as once more overtook SOL as the world’s eighth-largest cryptocurrency. RUNE was additionally an enormous mover as we speak.
WAVES
WAVES was simply the largest gainer throughout Tuesday’s buying and selling session, as it rose to a brand new all-time excessive.
This was the second consecutive session through which WAVES rallied, additional cementing itself as the world’s thirty second largest crypto.
Today’s peak noticed WAVES/USD surge to an all-time excessive of $53.81, following a low round $31.9 in Monday’s session.
Looking on the chart, these latest highs have come as costs moved past latest resistance of $33.71, which was in place for roughly ten days.
Another ceiling which was damaged was that of the 14-day RSI, the place worth power rose previous the resistance of 80.75, and now tracks at 89.38.
It is obvious that costs are at the moment overbought, nonetheless, whereas monitoring at these ranges prior to now, we nonetheless noticed additional highs.
This will probably create uncertainty for these seeking to take positions going ahead.
Thorchain (RUNE)
RUNE rose on Tuesday, following two days of declines, with costs gaining by as a lot as 20% through the session.
Following a low of $10.00 to start the week, RUNE/USD climbed to a peak of $12.82 as we speak, breaking out of its $11.09 resistance within the course of.
Tuesday’s transfer has now pushed RUNE to its highest stage since November 26, as bulls proceed to focus on the all-time excessive.
This can be the $17.86 level, which was established in early November, and seems to be the value through which bulls are attempting to recapture.
As of scripting this, RUNE is up by 20.58%, with the 14-day RSI hovering round its ceiling of 80, which is inside the overbought zone.
Although momentum might proceed upwards, there are a number of indicators {that a} reversal could possibly be on the playing cards.
Can RUNE hit a brand new report excessive in April? Let us know your ideas within the feedback.
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