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Biggest Movers: RUNE, ZIL Rebound Following Recent Losses, Trading Nearly 20% Higher – Market Updates Bitcoin News

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Following recent losses ZIL climbed by over 20% today, while RUNE rose by over 15%.

ZIL was up by more than 20% in Thursday’s session, as prices rebounded following a string of recent drops. RUNE was also up by over 15% today, as it hit its highest point so far this week. Overall, the global crypto market cap is up 2.08% as of writing.Following almost two weeks of declines, ZIL finally stopped the bleeding, rallying by over 20% during today’s session.

This floor was at the $0.1033 level, which has historically seen significant bullish moves begin from there, and today’s rally follows this trend.Recent momentum in ZIL has now taken prices to what seems to be a short-term ceiling of $0.1245, with some expecting an imminent breakout. Looking at the chart, the relative strength index is currently tracking at 57.06, which is slightly below the ceiling of 57.70.XTZFollowing a bottom of $7.42 during Wednesday’s session, RUNE/USD climbed to an intraday high of $9.35 earlier today.

 

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