Biggest Movers: XMR Surges to 1-Month High, as ALGO Also Climbs on Saturday – Market Updates Bitcoin News
— High, Prices, Start, Token, Bitcoin, Movers, Updates, Market, Highest, Climbs — 1 min read
Monero was a notable mover in crypto markets to start the weekend, as prices rose to their highest point in over four weeks. XMR/USD raced to an intraday peak of $141.17 on Saturday, and this came as prices broke beyond a key resistance level at $136.17. ALGO/USD is now on the cusp of colliding with its long-term price ceiling at $0.3500, as it too rose to a multi-week high on Saturday. This is the highest reading for the RSI index since April 4, when prices were trading at double the current value. As of writing, prices have slipped from earlier highs, with monero now trading around the $138 region. Source