Biggest Movers: SOL 11% Higher, BCH Hits Strongest Point Since July 

Solana roseate by arsenic overmuch arsenic 11% to commencement the week, arsenic the token moved higher for a 4th consecutive session. Market sentiment has mostly been bullish successful the past 2 weeks, starring to prices hitting a multi-month precocious connected Monday. Bitcoin currency besides surged, climbing to its strongest level since July.

Solana (SOL)

Solana (SOL) roseate by implicit 11% successful Monday’s session, arsenic the token raced to a multi-month precocious earlier successful the day.

Following a debased of $24.04 connected Sunday, SOL/USD surged to an intraday highest of $26.93 to commencement the week.

As a effect of this move, solana climbed to its highest level since November 8, erstwhile terms deed a precocious of $31.78.

SOL/USD – Daily Chart

This is the 4th consecutive league that solana has risen, with prices breaking retired of a cardinal absorption level of $26.00 successful the process.

In summation to this, the 14-day comparative spot scale (RSI) has moved beyond a ceiling of its ain astatine 62.00.

Currently, the scale is tracking astatine 63.58, and should it proceed successful this upward direction, SOL could deed $30.00 successful the coming days.

Bitcoin Cash (BCH)

Another notable gainer connected Monday has been bitcoin currency (BCH), which besides moved to its highest constituent successful the past respective months..

BCH/USD raced to a precocious of $146.83 earlier successful the day, which comes aft trading astatine a bottommost of $134.55 connected Sunday.

The rally took bitcoin currency to a constituent not seen since July 31, erstwhile the cryptocurrency traded supra $150.00.

BCH/USD – Daily Chart

This comes arsenic the 10-day (red) moving mean nears a crossover with its 25-day (blue) counterpart.

Additionally, the RSI has besides moved to a 16-day high, and is tracking astatine 65.85, which is adjacent a ceiling of 66.00.

Should terms spot walk this hurdle, past BCH bulls volition apt recapture the $150.00 mark.

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What is down today’s rally successful bitcoin cash? Let america cognize your thoughts successful the comments.

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