Biggest Movers: APE Hovers Close to 2-Month High, FIL up Nearly 70% in Last Week
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Loading... - Asir Hoque
- 02 Aug 2022
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Apecoin was trading close to a two-month high on Monday, despite crypto prices mainly being in the red to start the week. Global crypto markets are currently down around 2% as of writing. Despite this, filecoin continued its own surge, with prices of the token up nearly 70% in the last seven days.
Filecoin (FIL)
Filecoin (FIL) was once again a notable mover in crypto, as prices of the token rose for a seventh consecutive session.
Monday saw the token hit an intraday high of $11.24, which is its highest level since May 11, when prices were trading above $11.50.
Overall, FIL is currently trading nearly 70% higher than at the same point last week, when prices of the token were at a floor of $5.10.
The rally commenced at this support point, with bullish pressure intensifying as the days and week progressed.
This led to the 14-day RSI (relative strength index) tracking at a peak of 83, which is its highest point since March 2021.
Earlier gains in FIL have now eased as a result of prices being overbought, and following a collision close to a resistance point of $11.25.
FIL/USD is trading at $8.88 as of writing.
Apecoin (APE)
In addition to FIL, apecoin (APE) was also in the green during Monday’s session, with prices hovering near a two-month high.
APE/USD hit a high of $7.26 in today’s session, which comes less than a day after the token was trading at $6.70.
Today’s move saw the token trade marginally below $7.30, which is its highest point since the end of May. Read More...
