Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June

2 years ago

Ethereum classical was trading adjacent to its highest constituent since April, arsenic the token roseate by astir 10% connected Friday. Despite crypto markets being mostly successful the reddish successful today’s session, a fistful of tokens managed to ascent higher. Chainlink was different 1 of these tokens, arsenic it deed a two-month precocious earlier successful the day.

Ethereum Classic (ETC)

Etherum classical (ETC) was trading adjacent to a four-month precocious successful today’s session, arsenic the token extended caller gains.

Following 3 consecutive days of gains, ETC/USD rallied to an intraday precocious $44.31 connected Friday.

This comes little than 24 hours aft the token was astatine a debased beneath $38.00, and it’s present climbing towards a caller precocious of $45.40.

Looking astatine the chart, this highest astatine the $45.40 country is the astir ETC has deed since April 7, which came days aft prices fell beneath $50.00.

As of writing, ethereum classical has present marginally declined, and is presently trading astatine $42.04.

This comes arsenic the comparative spot scale (RSI) of 14 days collided with a absorption level of 71, which is the highest constituent since July 31.

Should ETC bulls mean to recapture those multi-month highs, past this is an obstacle that indispensable beryllium overcome.

Chainlink (LINK)

In summation to ETC, chainlink (LINK) was trading higher successful today’s session, arsenic prices climbed to their highest constituent since June.

After residing astatine a level of $8.85 connected Friday, LINK/USD surged to a precocious of $9.43 earlier successful today’s session.

This highest saw LINK commercialized astatine its astir since June 9.

As seen connected the chart, the determination came arsenic terms spot gained momentum, with the RSI breaking retired of its ceiling astatine 71.

Currently the indicator is astatine a speechmaking of 72.24, which is its highest constituent since September 2021.

This could beryllium an contented for bulls successful their attempts to scope $10.00, owed to prices presently being overbought.

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Can chainlink deed $10.00 contempt being overbought? Let america cognize your thoughts successful the comments.

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