SOL, LINK hit fresh multi-week highs on Monday.
Solana rose by as much as 8% to start the week, as the token moved toward a one-month high. The token climbed for a second straight session, as the global banking crisis pushed investors towards cryptocurrencies. Chainlink was also higher, hitting a three-week high.Solana moved closer to a one-month high to start the week, as prices surged by as much as 10% in today’s session.As a result of Monday’s move, solana has now moved to its strongest point since late-February.
LINK/USD rose to a peak of $7.38 earlier in the day, which comes less than 24 hours after falling to a low of $6.99. This surge has seen chainlink move to its highest level since March 2, when the token was trading at a high of $7.57.Like with solana, a catalyst for the move was a breakout which took place on the RSI indicator.
As of writing, the index is tracking at 57.00, which is marginally higher than the aforementioned resistance at 55.00 Should this upward momentum continue in the coming days, LINK will likely collide with a ceiling at $7.60.Tags in this story
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