On Tuesday, Shiba inu was the largest gainer in crypto markets. Robinhood added the meme currency to its crypto offerings. The trading app added many other crypto offerings, including SOL, which gained after recent losses.
Shiba Inu (SHIB)
Shiba Inu (SHIB), was without doubt the largest gainer during Tuesday’s trading sessions. It was finally confirmed by Robinhood that Robinhood has added the meme currency to its offering.
SHIB/USD rose to $0.00002695 intraday after a low of $0.00002198 at the beginning of the week.
This was the highest level SHIB traded since February 17th, and it came after prices recovered from Monday’s long-term support level.
SHIB/USD Daily Chart
The chart shows that yesterday’s floor of $0.00002175 held steady for the past few weeks as bulls were likely anticipating today.
SHIB’s price surge has resulted in it breaking out of its long-term resistance of $0.00002747.
Despite the nearly two-month-high, the 14-day RSI is still only at 57. The recent high was closer to 70.
Robinhood traders may see this opportunity to push the meme currency higher.
NEAR Protocol (NEAR). NEAR reached a high of $17.17 today, as prices moved away from the support level.
NEAR’s gains have been somewhat diluted as the day progressed and prices moved closer to $17.55.
NEAR/USD Daily Chart
But, bears intervened before reaching this point to stop the upward trend. The price NEAR appears to be continuing to consolidate.
Today’s price surge is due to price strength rising above a recent floor in the 14-day RSI indicator and currently sitting at the 60 level.
The 64 point ceiling is the closest to the ceiling, so there could be further gains in NEAR. However, if $17.55 becomes the resistance, we might see another drop.
