Biggest Movers: SOL, TON Move to Multi-Week Highs on Tuesday

Solana was 1 of Tuesday’s large gainers, rising to a multi-week precocious pursuing a ‘death cross’ of moving averages. The determination came contempt the planetary marketplace headdress falling marginally little arsenic of the clip of writing. Toncoin was different notable mover, rising for a sixth-straight day.

Solana (SOL)

Solana (SOL) surged higher connected Tuesday, arsenic sentiment successful the token has remained mostly bullish successful caller days.

SOL/USD peaked astatine $25.24 during today’s session, which follows up from a debased of $24.35 to commencement the week.

This ascent saw solana commercialized astatine its highest constituent since July 29, erstwhile terms reached a precocious of $25.39.

The determination came arsenic the 10-day (red) moving mean crossed implicit its 25-day (blue) counterpart.

Should upward momentum proceed to intensify, the adjacent people for traders volition apt beryllium astir the $26.00 mark.

At the clip of writing, SOL is trading astatine $24.82.

Toncoin (TON)

Toncoin (TON) was besides successful the greenish successful today’s session, arsenic the terms climbed for a sixth-consecutive session.

Following a debased of $1.42 to commencement the week, TON/USD raced to an intraday highest of $1.49 earlier successful the day.

As a effect of today’s surge successful price, toncoin moved to its strongest level since July 23, and person to a ceiling of $1.50.

Similar to solana above, the rally came arsenic the 10-day and 25-day moving averages neared an upwards cross.

One country of interest for bulls is the existent speechmaking of the RSI indicator, which is tracking astatine 66.91.

This is the highest country it has reached successful the coin’s history, meaning it is greatly overbought, with bears perchance waiting to instrumentality vantage of this.

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Could toncoin statesman to determination little successful the coming days? Let america cognize your thoughts successful the comments.