* Our Parent Company Crypto Token is LIVE!!! *Flag Token

SOL up 20%, ADA Hits Highest Point Since November – Market Updates Bitcoin News

Date:

Share post:

Solana rose by as much as 20% Saturday, as crypto markets came alive to start the weekend. The token hit a 12-week high in today’s session, breaking out of a key price ceiling in the process. Cardano also rose to its strongest point since November, with the global cryptocurrency market cap up 6.86% as of writing.

Solana (SOL)

Solana (SOL), was one of Saturday’s notable gainers, as the token rose by as much as 20% in today’s session.

SOL/USD hit a high of $26.41 to start the weekend, which follows on from Friday’s low at $21.27.

As a result of this move, solana broke out of a key resistance level of $25.00, hitting its strongest point since November 8 in the process.

Biggest Movers: SOL up 20%, ADA Hits Highest Point Since November
SOL/USD – Daily Chart

Looking at the chart, the 14-day relative strength index (RSI) also broke out of a ceiling of its own at the 73.00 mark.

As of writing, the index is tracking at 73.84, with the next visible resistance at the 81.00 zone.

If bulls were to collide with this wall, then it is likely that solana could move above the $30.00 point.

Cardano (ADA)

Another big mover on the weekend was…

Read more…

Related articles

How to Build Tech and Career Skills for Web3 and Blockchain – Spiceworks News and Insights

How to Build Tech and Career Skills for Web3 and Blockchain  Spiceworks News and Insights Read more...

Flare and Uppercent Creating First NFT Marketplace for E-Learning

As stated in the partnership agreement, members on the Uppercent platform can sell, buy,...

Bitcoin Miner Argo Blockchain Loses CEO

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has...

Argo Blockchain plc's Peter Wall to step down as chief executive – Proactive Investors USA

Argo Blockchain plc's Peter Wall to step down as chief executive  Proactive Investors USA Read more...