Fun

Biggest Movers: BCH up 30% in the Last Week, ADA, HNT Higher on Tuesday 

News Feed - 2022-03-23 03:03:51

Biggest Movers: BCH up 30% in the Last Week, ADA, HNT Higher on Tuesday 


BCH has been one of the biggest gainers in the last week, and that momentum continued during Tuesday’s session. As of writing this, ADA and HNT were also trading by over 10% higher, as bullish pressure remained within crypto markets. Bitcoin Cash (BCH)


BCH was undoubtedly one of the biggest gainers on Tuesday, as it rose for its fourth session in the last five days.


Following a low of $320.29 on Monday, BCH/USD climbed to an intraday high above $375 on Tuesday.


Today’s move came as prices surged past the recent resistance level of $334, and rose to their highest level since January 18. BCH/USD – Daily Chart


As a result of today’s rally, BCH is now trading over 30% higher in the last seven days, with today’s value climbing by 13.55%, as of writing.


Looking at the chart, the 14-day RSI is now tracking at 72.19, which is easily the most price strength it has hit since last August.


Logically, many will now be anticipating a reversal, however, with the 10-day and 25-day moving averages only just crossing, there could still be further gains.


Helium (HNT)


Although ADA rose by almost 10% earlier in today’s session, it somewhat fell off from those highs, giving way to other big movers on Tuesday.


One of these was HNT, which remained over 10% higher for the majority of today’s action, climbing to an intraday high of $24.51 in the process.


This follows on from yesterday’s low of $21.26, which came after a selloff at the resistance level of $24.85. HNT/USD – Daily Chart


As of writing this, HNT is now slightly over this ceiling due to today’s gain, however as seen from the chart, the level of uncertainty still remains.


The 14-day RSI has moved past its ceiling of 54 and is now at 57, which is its highest since January 5.


Despite this, bullish momentum could continue, with the possibility of a run to $28 still on the cards. Tags in this story


Could we see this $28 level as earlier as this week? Let us know your thoughts in the comments. Eliman Dambell


Eliman brings a diversified point of view to market analysis, having worked as a brokerage director, retail trading educator, and market commentator in Crypto, Stocks and FX. Bitcoin, Ethereum Technical Analysis: ETH Reaches 1-Month High Above $3,000, as BTC Hits $43,000 MARKET UPDATES | 9 hours ago Biggest Movers: DASH, CVX and ALGO Lead Monday"s Gainers, APE Falls Further MARKET UPDATES | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleUS Fintech Firm Acorns Adds Crypto Exposure Investing via Proshares Bitcoin ETF Next articleTerra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItAptos, Led by Meta"s Ex-Employees, Gets $200 Million to Build a Scalable Blockchain System


Aptos, a new startup created by some of Meta"s former employees involved in the Diem project, has announced it has raised $200 million for its upcoming goal of creating a scalable blockchain system. The investment, conducted in a strategic funding ... read more.BNDES Director Offers New Insights on Development of Brazilian Blockchain Network Kazakhstan Shuts Down Over 100 Crypto Mining Farms Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases Kenyans Lost $120 Million to Cryptocurrency Scams in the Past Financial Year — Government Official

News Feed

Felix Ng5 hours agoMeta’s Horizon Worlds launches on mobile and web in early accessMark Zuckerberg’s Horizon Worlds is extending past virtual reality in a bid to bring more users to its 3D virtual world.1723 Total vi
Best Crypto to Buy as Derivatives Exchange CME Set to Launch XRP Futures
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Bitfarms Buys Land to Open New Mining Facility in Canada
Bitfarms Buys Land to Open New Mining Facility in Canada Bitfarms, a corporate player in the bitcoin mining world, has announced a new acquisition of land and a facility in Canada.
DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP
Jesse Coghlan11 hours agoDeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VPInstitutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing furth
European Parliament to Cancel Vote on Crypto Assets Framework
European Parliament to Cancel Vote on Crypto Assets Framework The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an a
Bitcoin analysis sees $74K next as BTC price tries to hold 7.5% gains
William Suberg1 hour agoBitcoin analysis sees $74K next as BTC price tries to hold 7.5% gainsBTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into
Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper
Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper sponsored ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain
Amaka Nwaokocha14 hours agoNigeria to issue verifiable blockchain certificates for NYSCThis initiative aims to house all NYSC certificates on the blockchain, providing individuals with the means to easily verify and auth
Amaka Nwaokocha11 hours agoCosmos Hub greenlights ATOM inflation cut for security boostThe proposal narrowly passed, with 41.1% of votes for and 38.5% of votes against.3729 Total views7 Total sharesListen to article 0:00
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next?
Bitcoin Price Outlook for April: BTC Hits $31,000, What Next? At the halfway point of April, bitcoin has risen beyond the $31,000 point for the first time in ten months. This rise
Mall of America to Showcase Winklevoss-Backed Crypto Payments
Cryptocurrency is coming to the Mall of America. Flexa, a startup making it easier to use crypto for purchases in the real world, will be an advisory participant in a new demonst
Dogecoin To Rally 6,770% If This Pattern Holds: Crypto Analyst
Este artículo también está disponible en español. An analyst has explained how Dogecoin could end up witnessing a rally of around 6,770% if this pattern continues to foll