Biggest Movers: SHIB 10% Higher on Wednesday, SOL Records 10-Day High
Shiba inu rose by as much as
10% during today’s session, as bullish sentiment returned to cryptocurrency markets.
The meme coin climbed to its highest point this week, with the global crypto market cap up nearly
2% as of writing. Solana was another big gainer, hitting a ten-day high on Wednesday.
Following a low of
$0.000009027 on Tuesday,
SHIB/USD rallied to an intraday peak at
$0.00001002 earlier in today’s session. This is the second straight price rise for
SHIB, and it has pushed the coin to its
highest level since Sunday.
As a result of the surge in momentum,
the 14–day relative strength index (RSI) has now collided with a ceiling at
66.00. SHIB/USD is now trading at
$0.000009749.
Solana (SOL) remained in the green for a third consecutive session, as it continued its push towards
$25.00. SOL/USD jumped to a high of
$24.91 on Wednesday, a day after falling to a bottom at the
$23.21 level.
Overall, this saw the cryptocurrency
climb to a ten-day high, and close in on a collision with the
$25.00 ceiling. This comes as the price strength nears its own resistance point at
60.00. It is currently reading at
58.27.
In the event it hits the
60.00 zone, there is a strong possibility
solana will be trading above
$25.00.
