Solana rose by as much as 5% in today’s session, as cryptocurrencies began to recover from Friday’s red wave. The global market cap was up by nearly 2% at the time of writing. Chainlink also rose, moving back above a key resistance level.

Solana (SOL)

Solana (SOL) moved back above the $20.00 mark to start the weekend, as the token rose by as much as 5% today.

Following a low of $19.81 on Friday, SOL/USD jumped to an intraday peak at $21.25 on Saturday.

The rebound came as solana collided with an interim floor at $19.90, which has acted as the last line of defense following breakout below $20.00.

Looking at the chart, there was a similar rebound at the same point on April 10, which then led SOL to going on a six-day win streak.

Saturday’s rally also came as the relative strength index (RSI) jumped beyond a ceiling at the 45.00 mark.

At the time of writing this, the index is now tracking at 46.49, with the next visible point of resistance at 50.00.

Chainlink (LINK)

Chainlink (LINK) also moved higher in today’s session, with price breaking out of a key price point.

LINK/USD raced to a high of $6.63 to start the weekend, hours after falling to a low of $6.37.

Toda

Go to Source to See Full Article
Author: Eliman Dambell

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details