Fun

Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday’s Gainers

News Feed - 2022-03-29 01:03:15

Biggest Movers: SOL Moves Past LUNA, as EOS and FIL Lead Monday"s Gainers


Solana reclaimed the eighth position in the crypto top ten, as ADA and DOT were both over 10% higher to start the week. Despite this, it was EOS and FIL which led today’s gainer, with FIL gaining over 30% in the session. Filecoin (FIL)


FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday’s session.


The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62.


Today’s peak follows yesterday’s lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50. FIL/USD – Daily Chart


From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today’s high hitting its highest point since February 8.


Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10.


This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower.


EOS


Although ADA, DOT, and SOL were all almost 9% higher as of writing this, none rose as much as EOS on Monday.


Following a low of $2.56 to begin the session, EOS/USD climbed to a peak of $3.17, breaking out of its long-term resistance in the process.


Monday’s move saw the world’s 49th largest cryptocurrency surge past its ceiling of $2.77, on its way to its highest point since January 5. EOS/USD – Daily Chart


Today’s three-month high came as readings on the RSI indicator were off the charts, as price strength also rose to multi-month highs.


As of writing this, the 14-day Relative Strength Index has a reading of 77.91, which is its most since August 15.


Similar to FIL, EOS bulls now have a conundrum, close positions and accept current gains, or go through the market uncertainty that is coming due to prices being overbought. Tags in this story $FIL, ada, DOT, EOS, SOL, TA, Technical Analysis


Is there more upside momentum in EOS despite current highs? 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: BTC, ETH Close to 3-Month High to Start the Week MARKET UPDATES | 10 hours ago Biggest Movers: CVX Nearly 14% Higher, as RUNE Extends Friday"s Gains  MARKET UPDATES | 2 days ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleReport: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative Next articleAn In-Depth Look at Satoshi Island — A Crypto-Centric Residential Community in Vanuatu Where Land Titles Are NFTs 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 ItReport: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative


The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell ... read more.Anonymous Claims It Has Released 28GB of Bank of Russia Documents Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider US Senators Working on Broad-Based Crypto Regulation European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision

News Feed

Lightning-Fast New Bitcoin.com Wallet Proves Popular With Over 10 Million Wallets Created
Lightning-Fast New Bitcoin.com Wallet Proves Popular With Over 10 Million Wallets Created The Bitcoin.com Wallet app has reached almost 10.5 million wallets created across severa
Hit Record Producer Murda Beatz Tells Fans He Purchased Bitcoin
Hit Record Producer Murda Beatz Tells Fans He Purchased BitcoinAnother hip hop artist has joined the cryptocurrency community, as the Canadian record producer, DJ, and songwriter &l
Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday
Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday Following two consecutive days of losses, bitcoin and ethereum both rebounded stron
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report
Cryptocurrency Gaining Mainstream Interest as Payment Option: Report Cryptocurrency is gaining mainstream traction among consumers who want to use it for purchas
Blockchain Game Developer Animoca Brands Raises $65 Million – Ubisoft, Sequoia China Participate in Funding
Blockchain Game Developer Animoca Brands Raises $65 Million - Ubisoft, Sequoia China Participate in Funding On Wednesday, the global developer utilizing popular brands, gamificatio
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges
Hardware Wallet D’CENT Offers Multiple Ways Which Can Help Users Bypass Crypto Exchanges press release PRESS RELEASE.D’CENT Hardware Wallet recently added a new user-focused
Crypto Experts Predict Bitcoin Price Rising to $318,417 by December 2025
Crypto Experts Predict Bitcoin Price Rising to $318,417 by December 2025 A panel of crypto experts has predicted that the price of bitcoin will rise to $318,417
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget
Trump Views Crypto a Threat, Proposes Countermeasures in New Budget The White House released the Budget of the U.S. Government on Monday, outlining some proposals to increase cry
Sushiswap’s 2 Million Token Airdrop: Founders Face Accusations of ‘Making Defi a Joke Again’
Sushiswap"s 2 Million Token Airdrop: Founders Face Accusations of "Making Defi a Joke Again"Sushiswap’s new leader and FTX CEO Sam Bankman-Fried tweeted on September 12 that t
ByBit exchange halts operations in France
Vince Quill1 hour agoByBit exchange halts operations in FranceByBit has been at odds with the Autorité des Marchés Financiers (AMF) since 2022 when the regulator blacklisted the exchange.485 Total views3 Total sharesLi
XRP Risks Falling To $1.25 Without Critical Price Break – Analyst
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
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis
Kosovo Halts Cryptocurrency Mining Amid Energy Crisis The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power