Biggest Movers: SHIB Remains Near 3-Month High, Whilst LEO Hits 2-Week High 

Shiba inu remained adjacent to a three-month precocious to commencement the week, aft breaking retired of a cardinal absorption level implicit the weekend. The surge of the meme coin came contempt the crypto marketplace mostly being successful the reddish connected Monday. Another token that roseate during today’s bearish league was unus sed leo, which deed a two-week high.

Shiba inu (SHIB)

Shiba inu (SHIB) was a notable gainer to commencement the week, arsenic the meme coin remained adjacent to a three-month high.

Following an intraday precocious of $0.00001790 connected Sunday, SHIB/USD rallied to a highest of $0.00001774 earlier successful today’s session.

The archetypal surge came arsenic SHIB broke retired of a cardinal terms ceiling of $0.00001290, which had been holding steadfast since May 11.

Looking astatine the chart, this came arsenic the 14-day comparative spot scale (RSI) roseate supra its ain absorption astatine 62.40.

After surging supra this point, the scale deed a precocious of 83.24, which is its strongest speechmaking since October 2021.

Since this peak, the RSI has moved marginally lower, and arsenic of penning is tracking astatine a constituent of 74.18.

Overall, it appears arsenic if SHIB bulls person abandoned their erstwhile positions, arsenic a effect of prices becoming overbought.

Unus Sed Leo (LEO)

In summation to SHIB, unus sed leo (LEO) was different large mover successful today’s session, with it climbing to its highest constituent successful 2 weeks.

LEO/USD raced to an intraday precocious of $5.35 to commencement this week’s session, arsenic bulls attempted to interruption a absorption level of $5.40.

Today’s highest comes arsenic the token roseate for a 5th consecutive session, and successful crook deed its highest constituent since July 29.

Similar to shiba inu earlier, the RSI indicator connected LEO besides climbed, moving past its ain ceiling of 48.90.

As of writing, the scale is present tracking astatine a highest of 58.72, which is its highest level since July 7.

Should bulls effort to interruption the $5.40 point, past terms spot volition request to proceed to climb, and determination beyond the 60 mark.

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Will today’s bearish league widen into the remainder of the week? Let america cognize your thoughts successful the comments.