Biggest Movers: TON Hits 7-Month High, After Rising 50% within the Last Week

Toncoin rallied to a contemporary seven-month excessive on Tuesday, as Telegram founder Pavel Durov revealed extra particulars about its current partnership with the blockchain. Generally, the crypto market cap has been increased prior to now days, principally in anticipation of Wednesday’s Federal Reserve rate of interest announcement. Solana surged above $20.00.

Toncoin (TON)

Toncoin (TON) climbed to a seven-month excessive in right this moment’s session, as markets remained optimistic in regards to the current partnership with Telegram.

Discussing the partnership, Telegram founder Pavel Durov said that, “Starting this November, TON Wallet will be included in the settings and attachment menus for all our users outside the U.S. and some other countries.”

TON/USD peaked at $2.51 earlier within the day, which comes lower than 24 hours after monitoring at a low of $2.39.

As a results of this surge in value, toncoin rose to its highest degree since February 22, when value reached a high at $2.61.

Looking on the chart, the relative energy index (RSI) is now deeply overbought, since rising previous a ceiling at 76.00.

Currently, the index is monitoring at 78.25, with the subsequent seen resistance level on the 80.00 degree.

Solana (SOL)

After days of threatening to enter a key value level, solana (SOL) has lastly moved again above the $20.00 mark.

Following a low of $19.51 to begin the week, SOL/USD has risen to a excessive of $20.36 earlier in right this moment’s session.

The climb comes as solana bounced from a key help level of $18.60 on Monday, and is now sitting at its highest level since September 5.

Looking nearer on the chart, one more reason for the transfer appears to be the RSI rising previous a ceiling of 48.00.

At the time of writing, value energy is monitoring at 52.75, which is its highest level since mid-August.

Bulls seemingly have one eye locked on the $22.00 ceiling, which may very well be hit ought to the RSI keep away from upcoming obstacles.

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Do you count on solana to hit $22.00 earlier than the top of the month? Let us know your ideas within the feedback.