Shiba Inu rose three times in a row on Monday . As Memecoin continues to stray from last week’s lows, today’s surge is due to little change in the global cryptocurrency market capitalization, he is down 0.01% at the time of writing. Monero was another notable move to start the week as it also rose in consecutive sessions. , was blue at the start of the week as Meme Coin rose for three consecutive sessions.
Following Sunday’s low of $0.00000848, SHIB/USD surged to an intraday high of $0.00000875 today.
The move has seen the token continue to rise from last week’s low of $0.00000800, which was his weakest point since June.
chart, SHIB has retreated somewhat from its previous highs. to critical resistance levels.
At the time of this writing, the Shiba Inu is trading at $0.000008684, which is below today’s high and below the $0.000008800 cap.
This is because the Relative Strength Index (RSI) collided with his own resistance his point at the 43.00 mark, but could not get out of it.
Monero (XMR) is another notable token that rose Monday in the recent bull market. has also been extended.
XMR/USD began the week with him rising for the third straight day, hitting a high of $145.97 in the process.
Monero’s move comes as Monero continues to pull away from his recent support of $140.00, which he last hit last Saturday.
As a result of today’s surge, the 14-day RSI is now at the 53.00 mark ceiling, an obstacle that prevents further ascent.
If this cap is breached, the bull market target forXMR is his 150.00 where the token was trading before last week’s US Federal Reserve interest rate decision. It could be a dollar cap.
At the time of writing,XMR/USD is trading at $145.25, 1.42% higher than Sunday’s low of $143.00.
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