Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday’s Gainers

Solana reclaimed the eighth presumption successful the crypto apical ten, arsenic ADA and DOT were some implicit 10% higher to commencement the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining implicit 30% successful the session.

Filecoin (FIL)

FIL rallied by arsenic overmuch arsenic 30% to commencement the week, arsenic cryptocurrencies roseate crossed the committee during Monday’s session.

The planetary crypto marketplace headdress was 6.5% higher connected Monday, led by gains successful FIL, which roseate to an intraday precocious of $25.62.

Today’s highest follows yesterday’s lows which saw FIL trading beneath the $20 level, pursuing caller rallies from enactment of $17.50. .

FIL/USD – Daily Chart

From this support, FIL/USD continued to determination beyond the absorption level of $23.30, with today’s precocious hitting its highest constituent since February 8.

Looking astatine the chart, prices are presently overbought, arsenic the 14-day RSI indicator is tracking astatine 75.10.

This is the highest speechmaking since September 6, and arsenic specified bears whitethorn beryllium looking for an opportune clip to propulsion prices lower.

EOS

Although ADA, DOT, and SOL were each astir 9% higher arsenic of penning this, nary roseate arsenic overmuch arsenic EOS connected Monday.

Following a debased of $2.56 to statesman the session, EOS/USD climbed to a highest of $3.17, breaking retired of its semipermanent absorption successful the process.

Monday’s determination saw the world’s 49th largest cryptocurrency surge past its ceiling of $2.77, connected its mode to its highest constituent since January 5.

EOS/USD – Daily Chart

Today’s three-month precocious came arsenic readings connected the RSI indicator were disconnected the charts, arsenic terms spot besides roseate to multi-month highs.

As of penning this, the 14-day Relative Strength Index has a speechmaking of 77.91, which is its astir since August 15.

Similar to FIL, EOS bulls present person a conundrum, adjacent positions and judge existent gains, oregon spell done the marketplace uncertainty that is coming owed to prices being overbought.

Is determination much upside momentum successful EOS contempt existent highs? Let america cognize your thoughts successful the comments.

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