Solana closes 2-month high for week The market cap of the global cryptocurrency is currently trading 0.98% higher at the time of writing. The Shiba Inu also traded near its recent highs despite Monday’s decline.
Solana (SOL)
Solana (SOL) holds onto two-month highs despite crypto markets beginning to solidify recent gains. started the week with
SOL/USD hit an intraday high of $24.75 on Monday.
The move means the token is close to this weekend’s high of $25.03, his SOL’s strongest point since November 8th.
chart, the 14-day Relative Strength Index (RSI) tracks above the 80.00 support point. Solana sentiment still looks somewhat bullish as it continues.
At time of writing, the index is tracking 80.18 and solana is trading at a price of $23.42. .
If the index remains around 80.00 over the next few days, SOL may move towards $25.00 again.
Shiba Inu (SHIB)
Similar to SOL, Shiba Inu (SHIB) avoided today’s price consolidation, holding onto recent highs in the process.
Following Sunday’s low of $0.00001009, SHIB/USD rose to a peak of $0.00001099 today.
Monday’s action continues Meme Coin to trade near his two-month high of $0.00001111, which was recorded last Friday.
Like many cryptocurrencies over the last week, Shiba Inu prices have been mostly overbought in recent days. , the RSI peaks at 80.00.
The index is currently tracking 73.00 and a floor of 70.00 could be a target for sellers.
However, the bull appears to be rejecting this proposal on Monday, with some others eyeing a rally above $0.00001100 instead.
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