Bitcoin reaches $ 40,000 while Leo leads the Friday rally - market tactualizations

Bitcoin recovered over $ 40,000 on Friday, but this was not the greatest movement on the cryptoma markets at the end of the week. Cryptocurrencies rose today, after it became known, that over 400,000 jobs were created in the US economy last month.

biggest winner

Bitcoin (btc) climbed to $ 40,000 and Solana quickly approached 110 $, but none of them was the big climber today.

This honor went to Unus Sed Leo, which has risen by a whopping 30 % on Friday and almost 55 % over the past 7 days.

Leo/USD rose to an intra-raday high of $ 5.48 after it had reached its low of $ 4.02 during yesterday.

Today's message comes when Leo broke through its recent resistance level of £ 3.88 at the beginning of this week before it fell into the red wave on Thursday.

the movement came when the moving average of 10 days (red) and 25 days (blue) had an upward cross for the first time since December 29.

In addition, the RSI is now listing at 81, which is deep in the overbought area, which could reveal profit acceptors at the weekend.

biggest loser

If you scroll down to the cryptocurrency listed in 100th place, the markets were not so friendly to yesterday's biggest winner, unchangeable x (imx). .

The IMX decreased by over 22 % today after he rose by 35 % on Thursday, since the dealers will probably decide to take profits with them instead of keeping their positions.

At the beginning of today's meeting, IMX/USD slipped back to the support of $ 3.01 after it was traded less than 24 hours at a high of over $ 5.40.

The 14-day RSI also fell below the brand of 50 and is now noted at 45.98 and seems to move deeper into the oversold area.

Have the markets already began to doubt the value of the partnership between Imx and Gamestop? Share your thoughts in the comments.

Eliman Damell

Eliman brings a diversified view of the market analysis after working as a broker director, trainer in retail and market commentator in the areas of crypto, stocks and foreign exchange.

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