Fun

Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains 

News Feed - 2022-04-01 02:04:16

Biggest Movers: ZIL Rallies to 11-Month High, as SOL and WAVES Extend Recent Gains 


Solana extended recent gains, as it continued to cement its place as the world’s sixth-largest cryptocurrency. ZIL also rose on Thursday, following yesterday’s 50% increase in its value. All of this came as WAVES jumped by as much as 15% during the session. Zilliqa (ZIL)


Although solana (SOL) was higher for a third straight session, hitting a multi-month high in the process, it was zilliqa (ZIL) which was once again the day’s biggest gainer.


Today’s surge saw ZIL/USD climb to an intraday high of $0.218 during Thursday’s session, which is its highest point since last May.


Following the breakout of the $0.1090 resistance, ZIL has rallied to reach a streak of higher highs throughout the course of the week. ZIL/USD – Daily Chart


Price strength continues to be overbought as a result of these gains, with the 14-day RSI now tracking at 91.51.


This is the highest point this indicator has hit on record, which shows that there could only realistically be one direction long-term from this point.


As seen from today’s candlestick, the wick fell from its earlier highs and now trades at $0.1844, which is likely a result of profit-taking.


WAVES


The price of waves (WAVES) rose for a fourth consecutive session on Thursday, hitting a new all-time high in the process.


Following yesterday’s high of $60.03, WAVES/USD climbed to an intraday high of $62.36 during today’s trading session.


This move came following earlier lows of $49.68, with WAVES prices trading nearly 13% higher than this, as of writing. WAVES/USD -Daily Chart


In addition to the current all-time high, the 14-day RSI is also tracking at a peak of 92.28, which is firmly above the overbought zone.


As a result of this, and similar to ZIL, this will likely spur interest from bears, who believe a reversal in momentum is imminent.


The crossover of the moving average also seems to have matured, and a change in direction could come once a resistance in price is found. Tags in this story Analysis, Solana, WAVES, ZIL


Have we already hit a resistance level in WAVES? 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 Remains Above $3,400 Despite Bullish Momentum Slowing MARKET UPDATES | 9 hours ago Biggest Movers: AXS Falls Lower Following Hacks, While ZIL Climbs by Over 50% MARKET UPDATES | 1 day ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleVeChain Partners Alchemy Pay for Fiat Payment Rails and Crypto on-Ramps Next articleLuna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today 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.US Senators Working on Broad-Based Crypto Regulation Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises  81.79 "Sleeping Bitcoin" From 2011 Worth $3.6M Moved for the First Time in Over a Decade

News Feed

SEC and Gensler believed Ether was security for at least a year
Helen Partz9 hours agoSEC and Gensler believed Ether was security for at least a yearIn April 2023, Gensler refused to answer repeated questions on whether the SEC believed Ether was a security.6388 Total views5 Total sh
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the
Ana Paula Pereira8 hours agoCrypto Biz: Value of X halves, CME rises among top Bitcoin futures exchanges, and other newsThe CME booms as the crypto industry anticipates the approval approval of a spot Bitcoin ETF in the
UK risks quantum startup exodus after Labour slashes incentives
Tristan Greene7 hours agoUK risks quantum startup exodus after Labour slashes incentivesA study from August 2023 suggested there were more than 50 UK-based quantum technology startups.793 Total views8 Total sharesListen
Shiba Inu Price Rebounds Toward $0.00003, Taking 69% Of All Holders Back Into The Green
Este artículo también está disponible en español. The Shiba Inu price has rebounded towards $0.00003, which has put most of the SHIB holdersback in the green. This is sig
Dogwifhat jumps 16% — WIF price eyes more gains as Solana ETF hype grows
Yashu Gola11 hours agoDogwifhat jumps 16% — WIF price eyes more gains as Solana ETF hype growsWIF has entered the breakout stage of its prevailing BARR Bottom pattern, with Solana ETF hype furthering the memecoin’s u
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called ‘Short Squeeze’ Falters
Celsius Network’s Token CEL Drops 58% After Bankruptcy Filing, So-Called "Short Squeeze" Falters During the last 30 days, the Celsius Network’s native token CEL increased
Wallet in Telegram app temporarily blocked for UK users due to restructuring
Vince Quill2 hours agoWallet in Telegram app temporarily blocked for UK users due to restructuringTelegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations
Tom Mitchelhill4 hours agoAre Bitcoin ETFs headed for one epic Gensler ‘rugpull?’ Analysts weigh inWhile unlikely, Bloomberg’s ETF analysts conceded there’s always a possibility that SEC Chair Gary Gensler could
Trezor says phishing, not SIM swap, compromised X account
Amaka Nwaokocha13 hours agoTrezor says phishing, not SIM swap, compromised X accountSatoshiLabs revealed that it suspects the compromise to be a sophisticated and premeditated phishing attack planned by hackers over seve
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokeni