Biggest Movers: SOL Over 8% Higher to Start the Week

Solana roseate by arsenic overmuch arsenic 8% to commencement the week, arsenic the token moved toward a one-month high. The token climbed for a 2nd consecutive session, arsenic the planetary banking situation pushed investors towards cryptocurrencies. Chainlink was besides higher, hitting a three-week high.

Solana (SOL)

Solana (SOL) moved person to a one-month precocious to commencement the week, arsenic prices surged by arsenic overmuch arsenic 10% successful today’s session.

Following a debased of $21.59 connected Sunday, SOL/USD raced to an intraday highest of $23.83 earlier successful the day.

As a effect of Monday’s move, solana has present moved to its strongest constituent since late-February.

SOL/USD – Daily Chart

Overall, the token is present trading astir 10% higher from the aforesaid constituent past week, erstwhile terms was beneath $20.00.

Today’s surge has travel pursuing a breakout of a ceiling connected the 14-day comparative spot scale (RSI).

As of writing, the scale is tracking astatine 58.85, which is marginally higher than its ceiling astatine the 57.00 mark.

Chainlink (LINK)

In summation to SOL, chainlink (LINK) was besides successful the greenish to commencement the week, with prices trading by arsenic overmuch arsenic 3% higher.

LINK/USD roseate to a highest of $7.38 earlier successful the day, which comes little than 24 hours aft falling to a debased of $6.99.

This surge has seen chainlink determination to its highest level since March 2, erstwhile the token was trading astatine a precocious of $7.57.

LINK/USD – Daily Chart

Like with solana, a catalyst for the determination was a breakout which took spot connected the RSI indicator.

As of writing, the scale is tracking astatine 57.00, which is marginally higher than the aforementioned absorption astatine 55.00

Should this upward momentum proceed successful the coming days, LINK volition apt collide with a ceiling astatine $7.60.

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Do you judge that chainlink volition deed $7.60 this week? Let america cognize your thoughts successful the comments.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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