Sol rose by 20 %, ADA has reached the highest point since November - market tactualizations

Sol rose by 20 %, ADA has reached the highest point since November - market tactualizations

Solana rose by up to 20 %on Saturday when the cryptoma markets came to life at the beginning of the weekend. The token reached a 12-week high in today's meeting and broke an important price limit. Cardano has also increased to his strongest point since November, with global market capitalization for cryptocurrencies increased by 6.86 % at the time of writing.

Solana (sol)

Solana (Sol) was one of the remarkable winners on Saturday, since the token rose up to 20 % in today's session.

Sol/USD reached a high of $ 26.41 at the beginning of the weekend, which follows the low of Friday at $ 21.27.

As a result of this movement, Solana broke out over an important level of resistance of $ 25.00 and reached its strongest point since November 8th.

biggest promoted: Sol rose by 20 %, Ada has reached the highest point since November
USD-TASTART

With a view to the chart, the 14-day relative strength index (RSI) also broke out of its own upper limit for the 73.00 mark.

At the moment, the index moves at 73.84, with the next visible resistance in the range of 81.00.

If bulls should collide with this wall, it is likely that Solana could rise over the $ 30.00 mark.

Cardano ( ada )

Another big promoted at the weekend was Cardano ( ada ), which has also reached its strongest point since November.

after a low of 0.3364 $ on Saturday ada /usd races this morning on an intraday-höchststand of 0.3726 $.

This increase meant that Cardano jumped to his strongest point in the past 12 weeks and broke a resistance of $ 0.3650.

largest promoted, ADA has reached the highest point since November
ada /USD - daily

As can be seen on the chart, the movement brought the course strength to an upper limit of 73.00, but has not yet been able to overcome this hurdle.

For this reason, earlier profits have decreased something, since dealers went over to secure profits, which led to ada traded.

If this hurdle is finally overcome, the next goal is z ada Bullen will probably be 0.40 $

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What is behind the rally of cryptocurrency prices this weekend? 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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