Biggest Movers: SHIB Hits 3-Week High, ATOM up by Over 20% Today

2 years ago

Shiba inu moved to a three-week precocious connected Friday, arsenic crypto markets surged during today’s session. Markets were chiefly successful the green, arsenic bullish sentiment returned to extremity the week. Cosmos was a notable mover erstwhile again, arsenic the token roseate by implicit 20% today.

Shiba Inu (SHIB)

Shiba inu (SHIB) rebounded during Friday’s session, arsenic prices rallied pursuing a caller spell of consolidation.

SHIB/USD roseate to an intraday precocious of $0.00001379 connected Friday, arsenic prices broke retired of 2 consecutive absorption points.

The archetypal ceiling that SHIB roseate past was the $0.00001290 level, which has been successful spot since precocious August.

Following this, bullish momentum intensified, with the token surging towards different absorption level of $0.00001380.

Overall, shiba inu is present trading astatine its highest constituent since August 26, erstwhile prices were supra $0.00001400.

As of writing, immoderate of today’s earlier gains person eased, arsenic the comparative spot scale (RSI), moved person to an obstacle astatine the 54.00 mark.

Cosmos (ATOM)

Cosmos (ATOM) was higher for a 3rd consecutive session, arsenic prices roseate to a caller four-month precocious this afternoon.

Following a rally beyond its ceiling of $13.35 during yesterday’s session, ATOM/USD deed a precocious of $16.23 earlier today.

Today’s determination sees ATOM ascent to its highest constituent since May 7, and comes arsenic the token has present risen by astir 30% successful the past 2 days.

Looking astatine the chart, the RSI is present tracking astatine 72.23, which is heavy successful overbought territory.

Overall, terms spot is present astatine its strongest constituent since the commencement of the year, which could perchance spot bears statesman to reenter the market.

It is yet to beryllium determined if ATOM has deed its existent peak, oregon if this week’s tally tin beryllium extended into the weekend.

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Do you judge cosmos tin deed $20.00 successful September? Let america cognize your thoughts successful the comments.

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