Biggest Movers: XMR Moves to 5-Week High, Despite Crypto Selloff
Monero moved to its highest level in five weeks on Thursday, despite crypto markets mainly trading in red. The token rose to its highest level since June 13 after extending recent gains. On the other hand, dogecoin dropped lower today, despite Elon Musk announcing that Tesla hasn’t sold any of the meme coin. Monero (XMR) Monero (XMR) was a notable mover in today’s session, as the token rose for a fourth consecutive day. Today’s surge saw the token climb to an intraday high of $153.09, which is its highest point since June 13. As a....
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NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red wave swept over cryptocurrency markets to end the week. Following a peak of $17.12 on Thursday, NEAR/USD dropped to a bottom of $15.12 during today’s trading session. As a result of this drop in price, NEAR fell below its recent support level of $15.45, for the first time since the start of....
Polygon was a notable mover on Friday as the token surged to a two-week high, while volatility in crypto markets eased. Traders have been tense this week ahead of the payrolls report, however following the release of the data, bulls returned to action. Chainlink also rose, hitting a ten-day high in the process.
Polygon (MATIC)
Polygon (MATIC) was one of Friday’s big gainers, as the token rallied by as much as 7% in today’s session.
Following a low of $0.8342 on Thursday, MATIC/USD moved closer to $1.00 today, as prices surged to a peak of $0.9083.
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WAVES was once again higher on Friday, with prices now gaining by over 120% in the last seven days. While WAVES soared, XLM also had a stellar showing, as it moved closer to a three-week high on Friday.
WAVES
While crypto markets have been either falling or consolidating over the past week, WAVES has continued to surge, climbing by over 120% in that time.
On Friday, prices rose for a seventh consecutive session, hitting an intraday peak of $10.47 in the process.
This move comes as prices marginally passed resistance at $10.45, nearing their highest level....
Cardano was nearly 15% higher on Monday, as crypto markets were mainly in the green to start the week. Despite gains from ADA, HNT was one of the biggest movers today, as it rose by over 20%, hitting its highest point in over a week. Cardano (ADA) ADA rallied on Monday, as it rose by nearly 15% on the day, following three back-to-back sessions of gains. Today’s rally was the most notable from the past two days, and resulted in prices surging to their highest level since May 23. This recent run began following a false breakout of support at $0.4600, with prices now rallying to an....
Cardano closed in on a one-week high to start the week, as the token climbed for a fourth straight session. Polygon was also in the green, and collided with a key resistance level in the process. Overall, the global crypto market cap is currently 1.30% higher as of writing this analysis.
Cardano (ADA)
Cardano (ADA) climbed for a fourth straight day to start the week, pushing it closer to a one-week high in the process.
Less than 24 hours after falling to a low of $0.3498, the token surged to an intraday high of $0.3646 earlier today.
The move saw ADA/USD....