Biggest Movers: AVAX Almost 20% Higher, as RUNE and ZEC Near 15% Gains on Saturday

Crypto markets were chiefly successful the greenish connected Saturday, with AVAX, RUNE and ZEC being immoderate of the notable gainers. Apecoin traded little during its 3rd session, falling by arsenic overmuch arsenic 13%, pursuing back-to-back gains.

Avalanche (AVAX)

LUNA, WAVES, and FTM were each trading implicit 10% connected Saturday, nevertheless it was AVAX that was 1 of the starring gainers to commencement the weekend.

Following a debased of $76.74 connected Friday, avalanche (AVAX) rallied supra its $90 absorption level successful today’s session, hitting an intraday precocious of $90.27 successful the process.

Today’s determination was the highest level AVAX has traded since February 18, arsenic prices began to gaffe from highs supra $98.

AVAX/USD – Daily Chart

Avalanche has present risen for 7 consecutive sessions, pursuing a rebound from its enactment constituent of $66.

Looking astatine the chart, terms spot is present tracking astatine 62.5, which is marginally adobe absorption of 61, and its highest constituent since February 16.

Should this momentum continue, we could apt spot bulls marque different tally towards the $100 mark.

Zcash (ZEC)

Zcash (ZEC) was trading by implicit 16% higher arsenic of penning this, arsenic prices roseate to their highest level successful implicit 3 months.

After trading astatine a debased of $148.86 yesterday, today’s precocious of $177.63 saw ZEC/USD interruption past its semipermanent ceiling of $172.20 successful the process.

Saturday’s highest is the highest constituent that the terms of ZEC has traded since December 9, and comes arsenic terms spot appears to beryllium overbought.

ZEC/USD – Daily Chart

As of penning this, the 14-day RSI is tracking astatine 66.61, which is somewhat beneath absorption astatine 68.46, a constituent which has birthed galore carnivore runs successful the past.

As seen from the chart, prices person fallen from earlier highs, arsenic bears look to beryllium leaving their positions, nevertheless we present hold to spot if this volition last, arsenic bullish unit inactive remains.

Do you expect a reversal successful ZEC present that we are astatine resistance? Let america cognize your thoughts successful the comments.

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