Biggest Movers: RUNE Rallies to Start the Week, as SAND Extends Recent Gains

RUNE roseate by implicit 10% to commencement the week, surging arsenic planetary crypto markets pushed to participate the greenish connected July 4. After a dilatory commencement to the day, the crypto marketplace headdress is up 3.15% arsenic of writing, with SAND different notable mover, arsenic it extended caller gains, rising by astir 13% successful the process.

Thorchain (RUNE)

RUNE was a notable mover connected Monday, arsenic prices roseate by implicit 10% connected the Independence Day of the United States.

The token roseate to an intraday highest of $2.08 to commencement the week, pushing prices person towards a one-week high.

As of writing, RUNE/USD is present trading higher for a 3rd consecutive session, arsenic it nears a cardinal absorption level.

This ceiling is the $2.50 people which hasn’t been deed since June 25, erstwhile bulls made an effort to determination past this point.

Looking astatine the chart, though prices whitethorn erstwhile again collide with this ceiling, a breakout mightiness beryllium hard owed to an upcoming obstacle.

That would beryllium the absorption of 49.80 connected the 14-day RSI, which has not been breached since aboriginal successful April.

The Sandbox (SAND)

SAND was besides 1 of today’s biggest gainers, arsenic prices roseate by arsenic overmuch arsenic 12% earlier successful the day.

Following a debased of $1.02 to extremity the weekend, SAND/USD surged to an intraday highest of $1.15 during Monday’s session.

This determination saw SAND ascent successful back-to-back sessions for the archetypal clip successful implicit a week, and comes arsenic prices proceed to determination distant from a caller enactment point.

This enactment constituent astatine $0.95 has mostly held steadfast contempt caller attempts from bears to propulsion the token lower.

As of writing, bearish unit has turned bullish, with traders present seemingly targeting a precocious ceiling of $1.50.

With the moving averages of 10-days and 25-days precocious crossing successful an upward direction, we could spot a further surge of bullish momentum successful upcoming days.

Do you expect SAND to deed $1.50 arsenic aboriginal arsenic this week? Let america cognize your thoughts successful the comments.