Solana reclaims the eighth spot in the top ten, as FIL, EOS lead gainers to start the week.
FIL rallied by as much as 30% to start the week, as cryptocurrencies rose across the board during Monday’s session.
The global crypto market cap was 6.5% higher on Monday, led by gains in FIL, which rose to an intraday high of $25.62. Today’s peak follows yesterday’s lows which saw FIL trading below the $20 level, following recent rallies from support of $17.50.From this support, FIL/USD continued to move beyond the resistance level of $23.30, with today’s high hitting its highest point since February 8.
Looking at the chart, prices are currently overbought, as the 14-day RSI indicator is tracking at 75.10. This is the highest reading since September 6, and as such bears may be looking for an opportune time to push prices lower.
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