Biggest movers: BCH up 30% in the past week, ADA, HNT higher on Tuesday

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BCH was one of the biggest winners of the past week and that momentum continued into Tuesday’s session. At the time of writing, ADA and HNT were also trading more than 10% higher as bullish pressures continued within crypto markets. Bitcoin Cash (BCH) Bitcoin cash (BCH) was undoubtedly one of the biggest winners on Tuesday, […]

BCH was one of the biggest winners of the past week and that momentum continued into Tuesday’s session. At the time of writing, ADA and HNT were also trading more than 10% higher as bullish pressures continued within crypto markets.

Bitcoin Cash (BCH)

Bitcoin cash (BCH) was undoubtedly one of the biggest gainers on Tuesday as it rose for its fourth session in the past five days.

After a low of $320.29 on Monday, BCH/USD climbed to an intraday high above $375 on Tuesday.

Today’s move came as prices moved past the recent $334 resistance level and soared to their highest level since Jan 18.

As a result of today’s rally, BCH is now trading more than 30% higher in the last seven days, while today’s value is up 13.55% at the time of writing.

Looking at the chart, the 14-day RSI is now trailing at 72.19, which is easily the highest price since August last year.

Logically, many will now be anticipating a reversal, but with the 10-day and 25-day moving averages just barely crossing, there could be even more gains.

Helium (HNT)

While cardano (ADA) was up nearly 10% earlier in today’s session, it fell slightly from those highs and gave way to other big players on Tuesday.

One was helium (HNT), which stayed higher than 10% for most of today’s action, climbing to an intraday high of $24.51 during the day.

This follows yesterday’s low of USD 21.26, which came after it sold out at the USD 24.85 resistance level.

At the time of writing, HNT is now slightly above this ceiling due to today’s gains, but as the chart shows, the level of uncertainty remains.

The 14-day RSI has passed the ceiling of 54 and is now at 57, the highest since January 5.

Despite this, bullish momentum could continue, with the possibility of a run to $28 still at stake.

Could we see this $28 level earlier this week? Let us know your thoughts in the comments.

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