Biggest Movers: WAVES up 50% on Tuesday, as RUNE and LUNA Move Higher

WAVES was undoubtedly Tuesday’s biggest gainer, climbing by arsenic overmuch arsenic 50% during the session. Gains successful WAVES came arsenic well, arsenic LUNA erstwhile again overtook SOL arsenic the world’s eighth-largest cryptocurrency. RUNE was besides a large mover today.

WAVES

WAVES was easy the biggest gainer during Tuesday’s trading session, arsenic it roseate to a caller all-time high.

This was the 2nd consecutive league successful which WAVES rallied, further cementing itself arsenic the world’s 32nd largest crypto.

Today’s highest saw WAVES/USD surge to an all-time precocious of $53.81, pursuing a debased astir $31.9 successful Monday’s session.

WAVES/USD – Daily Chart

Looking astatine the chart, these caller highs person travel arsenic prices moved beyond caller absorption of $33.71, which was successful spot for astir 10 days.

Another ceiling which was breached was that of the 14-day RSI, wherever terms spot roseate past the absorption of 80.75, and present tracks astatine 89.38.

It is wide that prices are presently overbought, however, portion tracking astatine these levels successful the past, we inactive saw further highs.

This volition apt make uncertainty for those looking to instrumentality positions going forward.

Thorchain (RUNE)

RUNE roseate connected Tuesday, pursuing 2 days of declines, with prices gaining by arsenic overmuch arsenic 20% during the session.

Following a debased of $10.00 to statesman the week, RUNE/USD climbed to a highest of $12.82 today, breaking retired of its $11.09 absorption successful the process.

Tuesday’s determination has present pushed RUNE to its highest level since November 26, arsenic bulls proceed to people the all-time high.

RUNE/USD – Daily Chart

This would beryllium the $17.86 point, which was established successful aboriginal November, and looks to beryllium the terms successful which bulls are trying to recapture.

As of penning this, RUNE is up by 20.58%, with the 14-day RSI hovering astir its ceiling of 80, which is wrong the overbought zone.

Although momentum could proceed upwards, determination are respective signs that a reversal could beryllium connected the cards.

Can RUNE deed a caller grounds precocious successful April? Let america cognize your thoughts successful the comments.

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