Unus sed leo was a notable gainer on Thursday, as the token surged towards a one-week high. The move comes as crypto markets seem to have settled, a week on from the turbulence caused by the FTX collapse. Monero also rallied, climbing above the $130 level.
Monero (XMR)
Monero (XMR) was closing in on a one-week high on Thursday, as market volatility eased a week on from the FTX collapse.
XMR/USD raced to an intraday high of $132.97 in today’s session, which comes a day after trading at a low of $127.09.
Today’s move saw monero hit its highest point since last Friday, and it is now marginally below a ceiling of $133.50.
Looking at the chart, earlier gains have somewhat eased, as traders became nervous the closer price moved to this ceiling.
The 14-day relative strength index (RSI) also collided with a key resistance level of 43.00, and as of writing is tracking at 42.09.
Should bulls intend to move prices above $133.50, this ceiling of 43.00 will need to be broken first.
Leo Lelei (LEO)
Unus Sed Leo (LEO) was another notable gainer in today’s session, as prices also neared a one-week high.
Following a low of $3.78, LEO/USD raced to an intraday peak of $4.04, hitting its strongest point since November 11.
Currently LEO is trading over 5% higher than yesterday’s bottom, and is nearing a breakout of a long-term resistance level.
LEO/USD is still hovering below this ceiling of $4.05, which comes as the RSI also sits below a resistance of its own.
E pei o le tusitusi, o le faʻasinomaga o loʻo tulituliloaina i le 46.49, lea o loʻo i lalo o lona tetee o le 47.00.
In the event of a breakout, LEO bulls will likely attempt to move towards the next closest ceiling of $4.20.
Resitala lau imeli iinei e maua ai fa'afouga o le su'esu'eina o tau i vaiaso ta'itasi e lafo i lau pusameli:
Do you expect to see crypto markets begin to rally as the dust settles on the FTX saga? Let us know your thoughts in the comments.
Faʻafanua Ata: Shutterstock, Pixabay, Wiki Commons
Tuuese: O lenei tusitusiga e mo naʻo faʻamatalaga. E le o se tuʻusaʻo faʻapitoa poʻo se talosaga o se ofo e faʻatau pe faʻatau atu, poʻo se fautuaga poʻo se lagolago i soʻo se oloa, auaunaga poʻo ni kamupani. Bitcoin.com e le faʻapea ona saunia ni tupe faʻaalu, lafoga, tulafono poʻo ni faʻamatalaga naʻo E le o le kamupani poʻo le tusitala e nafa, tuusaʻo pe leai foi, mo soʻo se mea na tupu pe leiloa mafua mai pe ua tuuaia na mafua mai pe e fesoʻotaʻi ma le faʻaaogaina poʻo le faʻalagolago i luga o soʻo se mea, oloa poʻo auaunaga ua taua i lenei tusitusiga.
Source: https://news.bitcoin.com/biggest-movers-xmr-leo-move-towards-1-week-highs-on-thursday/