Sol, Shib, despite market consolidation, remain close to several months of high market tactualizations

Solana started the week with the trade near a two -month high, since the momentum remained slightly bullish despite market consolidation. The global market capitalization for cryptocurrencies is currently being traded by 0.98 % higher at the time of writing. Despite the declines on Monday, Shiba Inu also acted near the youngest highs.

Solana (sol)

Solana (Sol) remained near a two -month high at the beginning of the week, although the cryptoma markets began to consolidate the latest profits.

SOL/USD reached an intraaday high of $ 24.75 on Monday, which was reached less than a day after the case on a low of $ 22.68.

This movement means that the token near the high of the high of this weekend remains of $ 25.03, which has been the strongest point for Sol since November 8th.

The diagram shows that the mood in Solana is still somewhat optimistic, which is due to the fact that the 14-day relative strength index (RSI) was still tracked at 80.00.

At the moment, the index is 80.18, whereby Solana is trading at the price of $ 23.42.

If the index should remain at around 80.00 in the coming days, it is likely that Sol could move back towards $ 25.00.

Shiba Inu (Shib)

like Sol, Shiba Inu (Shib) bypassed today's price consolidation and held the most recent highs.

After a low of $ 0.00001009 on Sunday, Shib/USD today climbed to a maximum of $ 0.00001099

The campaign of Monday saw the meme continued to act near the two -month high of $ 0.00001111, which was reached last Friday.

How many cryptocurrencies last week the prices of Shiba Inu were largely overbought in the past few days, with the RSI of a upper limit of 80.00 fell.

The index currently moves at 73.00, with a soil with the 70.00 mark being a possible destination for sellers.

The bulls seem to reject this proposal on Monday, with some instead keeping a rally back over $ 0.00001100.

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could we see how Shiba Inu achieves a new two -month high this week? Share your thoughts in the comments.

Eliman Damell

Eliman brings an eclectic point of view to the market analysis. Previously, he was a brokerage director and online trading instructor. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange, and is also the founder of a startup.

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