Circulation is buying and selling virtually 30% greater on Saturday, as the vast majority of the crypto prime 100 are within the inexperienced. At present’s transfer sees circulate additionally enter the highest 50 cryptocurrencies by market cap.
Following a bearish finish to the working week, cryptocurrency markets are inexperienced throughout the board to begin the weekend.
Notable gainers included solana, which is up over 10%, while SAND can also be buying and selling greater, and is up virtually 15% as of writing.
Nonetheless, the clear bull of the day is FLOW, which as of writing is up round 23%, hitting an intraday excessive of $6.62 within the course of.
The transfer started after FLOW/USD rallied from latest assist of $4.50, the place it final traded on Thursday, to now hitting an intraday excessive of $6.62 two days later.
Saturday’s surge noticed circulate transfer previous aave, to grow to be the #50 ranked cryptocurrency throughout the globe, by market cap.
Trying on the chart, the RSI is monitoring at 47, which is round its strongest level this 12 months, while costs look to be at resistance of $6.48.
Ought to value power proceed to surge, we might see FLOW/USD at $8.00 prior to later.
As of writing, solely two out of the highest 100 cryptocurrencies are buying and selling decrease on Saturday, as yesterday’s bears appear to be occupied this weekend.
One of many bears that remained was LEO, which as of writing is buying and selling round 1% decrease, hitting an intraday low of $3.36 in consequence.
Trying on the chart beneath, at this time’s decline has resulted in LEO/USD breaking beneath the 0.382 Fibonacci degree, which has additionally acted as its latest assist level.
Along with the breakout, the 14-day RSI is monitoring round 36, which is near its lowest degree since November, when it was priced at $2.75.
Might we see LEO rebound over the weekend? Tell us your ideas within the feedback.
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