Biggest Movers: APE, XLM Move Close to 1-Month Highs – Market Updates Bitcoin News

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APE nears 1-month high, with XLM also close to a four-week peak.

The token stayed close to a one-month high in today’s session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak.Apecoin was one of Tuesday’s big movers, with the token climbing by as much as 13% in today’s session.

Following a low of $5.12 to start the week, APE/USD surged to an intraday high of $6.12 earlier today. The move saw the coin climb past a key resistance level of $6.00, moving closer to a four-week high in the process.Earlier gains have somewhat eased, as the 14-day relative strength index collided with what appeared to be a ceiling.It appears that earlier bulls have secured gains and closed positions, and could be waiting for tomorrow’s rate decision to come, before potentially reentering the market.

 

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