Leo has risen by 60 % today, Shib falls deeper after the course gains from Monday - market tactualizations

Leo has risen by 60 % today, Shib falls deeper after the course gains from Monday - market tactualizations

The increase of Shiba Inu (Shib) by 50 % on Tuesday seems to have inspired the Leo bulls, which went over to drive up the prices by 61 % in today's session. The step comes when the cryptoma markets consolidated yesterday's profits.

biggest winner

The greatest loser in Monday was the biggest winner on Tuesday, since Unus Sed Leo rose by up to 61 % at the time of writing.

Leo/USD rose to an intra-raday high of $ 8.04 during today's session, after it was traded at a low of $ 4.82 at the beginning of the week.

The movement takes place after an outbreak via the resistance brand of $ 5.40, which was formed last Friday and still exists.

As a result of the rally, the 14-day RSI rose to a high of 81, a level that was also reached on Friday after another considerable price swing.

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Leo/USD-Datey

How since the last time the RSI was seen this level was seen, bears quickly occurred because the prices seem to be overbought.

There have already been some profit treatment from today's swing, since early market participants try not to make a victim of a trend reversal of the past week.

largest loser

After an increase of over 50 % on Monday, Shiba Inu acted almost 14 % lower on Tuesday, but that was not the bear of the day today.

Yesterday's biggest bull turned into a bear during the trade time, since retailers apparently jumped from the rocket to the moon with the parachute.

$ Shib had fallen by 12.90 % at the time of speaking.

Shib/USD-Tatshart

The movement stopped an apparently directly upcoming upward crossover of the sliding 10-day (red) and 25-day average (blue).

has the sheet already turned at Shib, or will we see further climbs this week? Share your thoughts in the comments.

eliman@bitcoin.com '

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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