ADA, SAND סערדזש צו מולטי-וואָך כייז אויף שבת

Cardano was one of Saturday’s notable gainers, with the token surging to a three-week high. The sandbox was also in the green, rising to a multi-week peak, as sentiment in the cryptocurrency market remains mostly bullish. Overall, the global crypto market cap is up nearly 2% as of writing.

קאַרדאַנאָ (אַדאַ)

קאַרדאַנאָ (אַדאַ) climbed to a three-week high on Saturday, as the token rose for a fourth consecutive session.

נאָך אַ נידעריק פון $ 0.4894 אויף פרייטאג, אַדאַ/USD was able to reach a peak of $0.5235 to start the weekend.

Saturday’s top is the highest point the token has traded at since August 18, and comes as prices climbed above a major resistance point.

אַדאַ/ וסד - טעגלעך טשאַרט

The ceiling of $0.5115 was broken earlier in the day, and comes as the 10-day (red) moving average crossed against its 25-day (blue) counterpart.

Looking at the chart, another notable occurrence is that the relative strength index (RSI) of 14-days also moved beyond a ceiling, at 56.00.

Now tracking close to 58.00, should the index hit its higher resistance point of 60.40, we could see אַדאַ price recapture the $0.5440 mark.

די זאַמדקאַסטן (SAND)

The sandbox (SAND) was another notable mover to start the weekend, with prices also hitting a multi-week high.

SAND/USD was able climb above its $1.00 mark on Saturday, hitting an intraday high of $1.02 in the process.

Today’s peak is the strongest point that SAND has reached since August 26, and comes after four days of back-to-back gains.

SAND / USD - טעגלעך טשאַרט

Some fear that this run could be cut short, however, as the RSI looks set to collide with a ceiling at 49.30.

As of writing, the RSI is tracking at 48.33, which is its highest point since mid-August, when prices were trading above $1.35.

Should the index move past the upcoming hurdle, bulls will likely aim to target exits close to resistance around $1.10.

פאַרשרייַבן דיין E- בריוו דאָ צו באַקומען וויקלי דערהייַנטיקונגען פון פּרייַז אַנאַליסיס געשיקט צו דיין ינבאָקס:

טאַגס אין דעם דערציילונג

Will the sandbox remain above $1.00 this weekend? Let us know your thoughts in the comments.

אלימאן דאמבעל

עלימאַן ברענגט אַ יקלעקטיק פונט פון מיינונג צו מאַרק אַנאַליסיס, ווייל געארבעט ווי אַ בראָוקערידזש דירעקטאָר, רעטאַיל טריידינג עדזשאַקייטער און מאַרק קאָמענטאַטאָר אין קריפּטאָ, סטאַקס און פקס.