Shiba Inu (SHIB) was in the green to start the week as the meme coin advanced for the third consecutive session and
After hitting a low of $0.00000848 on Sunday, SHIB/USD rallied from today’s earlier level to a 1 day high of $0.00000875 and through this move we can see the coin recover from last week’s low of 0.00000800. Tries to continue its climb which is its weakest point since June and we can definitely sense that it is going to be a fight for it to be included in the indexing.
SHIB has retraced somewhat after moving from earlier highs and price uncertainty has increased where we can understand that the coin has moved closer to a key resistance level.
Of course we can understand that it is affecting indexing in many ways. Here Shiba Inu is trading at $0.000008684 and it is below today’s high and $0.000008800 seems to be a range low Is. We can definitely see and understand that after colliding with the Relative Strength Index it fails to break out from its point of resistance at the 43.00 mark.
Monero ( XMR ) was a notable coin to climb on Monday following its recent extension and moved up for the third day to start the week and in the process neared a high of $145.97 and The move comes on Monday as the coin continues to move away from the $140 support point that appeared to be the last major hit last Saturday.
The 14-day RSI is now seen hovering around 53.00, which acts as a hindrance to any further upside.
We can now imagine that the target it is aiming for is likely to be the $150 dollar ceiling and certainly the US Federal Reserve’s interest rates last week are helping the token trade ahead of this decision.
At the time of writing, XMR /USD is trading at $145.25, still up 1.42% from Sunday’s low of $143.00.
