Biggest Movers: Apecoin up Nearly 100% on Second Day of Trading, AAVE, HNT Also Move Higher

On its 2nd time of trading, APE roseate by astir 100% and is up implicit 1,200% successful the past 2 sessions. Although gains were importantly much muted, AAVE and HNT besides climbed higher to extremity the week.

AAVE

Although APE was undoubtedly today’s biggest mover, determination isn’t overmuch to sermon successful the mode of method analysis, owed to it lone being successful circulation for less-than 48-hours.

As such, AAVE takes this grant by default, arsenic its terms climbed by implicit 10% during today’s trading session.

Following a debased of $142.83 connected Thursday, AAVE/USD roseate to an intraday precocious of $159.78, which is its highest level since February 17.

AAVE/USD – Daily Chart

This precocious came arsenic prices broke retired of the caller absorption level of $149.00, pursuing 5 consecutive days of gains.

As a effect of this streak, the 14-day RSI has risen to a precocious of 65 for the archetypal clip since December, meaning that AAVE is present overbought.

Should this momentum proceed contempt its existent position, we could spot prices targeting the $192 level next.

Helium (HNT)

Despite trading wrong a semipermanent descending triangle, HNT has present risen for 5 consecutive sessions, and is up astir 6% today.

As of penning this, HNT/USD rallied to an intraday highest of $24.22, pursuing a debased of $19.02 to statesman the week.

This comes arsenic trades moved the terms distant from enactment of $20 connected Monday, to present trading astatine a 17-day high.

HNT/USD – Daily Chart

As a effect of these gains, terms spot has climbed to its highest level since aboriginal February, with the RSI present hitting a precocious of 54.74.

Looking astatine the chart, we are besides adjacent to the terms ceiling of $24.94, however, if we interruption beyond this level, immoderate bulls could statesman targeting $30.

Are prices of HNT excessively overbought to prolong further gains? Let america cognize your thoughts successful the comments.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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