Biggest Movers: APE up Almost 30%, ZIL and AAVE Among Wednesday's Big Gainers – Market Updates Bitcoin News

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AAVE and ZIL were two of today's big gainers, as APE rose to its highest point since March 17.

APE was up close to 30% on Wednesday, as the recently listed token climbed to its highest point since it began trading on March 17. AAVE also saw a double-digit percentage increase today, whilst ZIL extended recent gains.AAVE was up by nearly 10% in today’s session, as prices rallied for a third consecutive session, following losses last week.

This move saw AAVE climb to its highest point in two weeks, April 6 to be precise, where price was trading above $200.Looking at the chart, this $200 mark has long acted as a resistance point, and this ceiling held firm today as bulls raced towards this level. Should this ceiling be broken, there is a strong possibility that prices could be heading towards $240, which seems to be the next key resistance point.Speaking about resistance, ZIL rose to its own ceiling during Wednesday’s session, as traders extended yesterday’s bullish momentum.

This high was also marginally below its long-term resistance level at $0.1260, which was last broken two weeks ago.Several false breakouts later, ZIL is now once again back to this point, and bulls have so far been hesitant to act.

 

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