Shib climbs 50 % higher than Meme Coin reaches market capitalization of $ 16 billion-market tactualizations
Shib climbs 50 % higher than Meme Coin reaches market capitalization of $ 16 billion-market tactualizations
Shiba Inu (Shib) rose by over 50 % at the time of writing, with the cryptocurrency markets further gaining dynamics at the beginning of the week. The so-called “Mem Coin 'rally has recaptured a market capitalization of $ 16 billion.
biggest winner
on Monday Bitcoin ( bitcoin ) and Ethereum ( eth ) both reached several weeks with doge and xrp also over 10 % higher, but none of them came to today's big winners.
shiba-inu (shib) was today's bull of the day and climbed by 48 % Intraday high of $ 0.00003484
In the last 24 hours, Shiba Inu has risen by over 70 % after the resistance had broken out at $ 0.00002332.
Today's movement led to the fact that the 14-day RSI has increased most since October 29 when $ Shib was acted with a current ATH of $ 0.00008894.
As can be seen in the chart, prices now act slightly above the resistance of $ 0.00003374, which has so far been in the price of 2022.
The price is currently moving over the overbought threshold, but many stragglers will surely still go into the race.
biggest loser
After almost 5 days of interest bullies, the crypto bears have hidden themselves, and that continued on Monday.
The biggest loser today was Leo, who fell by about 2.60 % at the time of writing, and comes from the fact that dealers apparently hide on the profits of the past few weeks.
Unus Sed Leo has gained up to 40 % of value in the last 7 days, and with its 14-day RSI persecution at 69.44, the markets seem to have considered this as overbought.
After his rally on an all-time high of $ 5.44, Leo began to consolidate and now seems to have found a short-term upper limit at $ 5.22.
Will the winners continue to liquidate their positions? Share your thoughts in the comments.
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