Biggest Movers: XTZ Nears 3-Week High, UNI Remains Close to 2-Month High

XTZ was a notable mover successful the crypto apical 100 connected Monday, arsenic prices roseate towards a three-week precocious to commencement the week. Prices collided with a cardinal absorption level during the move, and this came arsenic UNI continued to commercialized supra a ceiling of its own.

Tezos (XTZ)

XTZ was a notable mover to commencement the week, arsenic prices roseate towards a three-week precocious during Monday’s session.

Following a debased of $1.54 during yesterday’s session, XTZ/USD roseate to an intraday highest of $1.68 earlier today.

This surge successful terms saw the token collide with a cardinal absorption level astatine $1.67, with earlier gains easing since that point.

Overall, terms inactive remains adjacent to this peak, with bulls attempting to interruption the ceiling and determination towards the $1.80 level.

If successful, the interruption would spot XTZ trading astatine its highest constituent since June 12, erstwhile prices were making their mode down from $2.

In bid to reenter this region, terms spot would request to importantly surge, pushing momentum supra a absorption level of 56 connected the 14-day RSI indicator.

Uniswap (UNI)

UNI was besides marginally higher connected Monday, arsenic prices continued to commercialized supra a cardinal absorption level, pursuing a caller breakout.

The token deed a highest of $6.38 to commencement the week, which is higher than its $6 ceiling, which was breached during Saturday’s session.

Bulls look to beryllium consolidating the weekend’s gains, which saw UNI/USD emergence to its highest constituent since May 10.

As a effect of this surge, comparative spot is present overbought, with the RSI tracking astatine 63, aft hitting a absorption level of 69 during the weekend.

So far, bullish sentiment remains, nevertheless should bearish unit increase, we could spot prices falling beneath $6, wiping retired caller gains successful the process.

Despite being overbought, could prices support rising further? Let america cognize your thoughts successful the comments.