Biggest Movers: LINK Nears 18-Month High on Saturday, as Bulls Extend Momentum.
Chainlink (LINK)
Chainlink (LINK) saw huge gains to start the weekend, as its token rose as much as 7% on the day.
LINK/USD peaked at $11.59 early in today's session, which came a day after the price fell to a low of $10.80.
Today's gains pushed the price closer to its recent 18-month high of $11.78, reached during the week.
The latest bullish push in LINK comes as the relative strength index (RSI) continues its uptrend, and is now at 81.68.
The upper limit will soon approach the 83.00 mark, and if buyers fail to break this level, a price reversal is likely.
Cardano (ADA)
Cardano ( ADA ) was another notable mover on Saturday, rising near its recent nine-week high.
Following a low of $0.284 on Friday, ADA /USD shot to a peak of $0.2973 early in today's session.
As a result of the surge, cardano is approaching its highest level since mid-August, when the price was trading above $0.30.
From the chart, it appears that the 14-day RSI is now above 77.00, which may encourage some sellers to start entering the market.
As a result, some buyers started making profits, causing ADA to now trade slightly below today's peak.
