Biggest Movers: ADA, SAND Surge to Multi-Week Highs on Saturday

Cardano was 1 of Saturday’s notable gainers, with the token surging to a three-week high. The sandbox was besides successful the green, rising to a multi-week peak, arsenic sentiment successful the cryptocurrency marketplace remains mostly bullish. Overall, the planetary crypto marketplace headdress is up astir 2% arsenic of writing.

Cardano (ADA)

Cardano (ADA) climbed to a three-week precocious connected Saturday, arsenic the token roseate for a 4th consecutive session.

Following a debased of $0.4894 connected Friday, ADA/USD was capable to scope a highest of $0.5235 to commencement the weekend.

Saturday’s apical is the highest constituent the token has traded astatine since August 18, and comes arsenic prices climbed supra a large absorption point.

The ceiling of $0.5115 was breached earlier successful the day, and comes arsenic the 10-day (red) moving mean crossed against its 25-day (blue) counterpart.

Looking astatine the chart, different notable occurrence is that the comparative spot scale (RSI) of 14-days besides moved beyond a ceiling, astatine 56.00.

Now tracking adjacent to 58.00, should the scale deed its higher absorption constituent of 60.40, we could spot ADA terms recapture the $0.5440 mark.

The Sandbox (SAND)

The sandbox (SAND) was different notable mover to commencement the weekend, with prices besides hitting a multi-week high.

SAND/USD was capable ascent supra its $1.00 people connected Saturday, hitting an intraday precocious of $1.02 successful the process.

Today’s highest is the strongest constituent that SAND has reached since August 26, and comes aft 4 days of back-to-back gains.

Some fearfulness that this tally could beryllium chopped short, however, arsenic the RSI looks acceptable to collide with a ceiling astatine 49.30.

As of writing, the RSI is tracking astatine 48.33, which is its highest constituent since mid-August, erstwhile prices were trading supra $1.35.

Should the scale determination past the upcoming hurdle, bulls volition apt purpose to people exits adjacent to absorption astir $1.10.

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Will the sandbox stay supra $1.00 this weekend? Let america cognize your thoughts successful the comments.