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The Shiba Inu has become one of Friday's biggest movers. On Friday, Solana also made a notable gain.
Shiba Inu (SHIB)
The Shiba Inu (SHIB) gained more than 5% on Friday.
SHIB/USD hit an intraday high of $0.000008677 on the news a day later, before it was traded at $0.000008226.
This move means that the meme coin has hit $0.00000872, its highest point since Monday.
One of the factors that catalyzed the rise seems to be a breach of the 60.00 level on the 14-day relative strength index (RSI).
Solana (SUN)
Also, Solana (SOL) turned green in today's session, ending a two-day losing streak in the process.
After falling to $22.52 on Thursday, SOL/USD climbed to $23.13 in the early hours of today's session.
Despite today's price increase, Solana is still trading almost 7% lower than at the same point last week.
This rally started with the RSI jumping from the support at 45.00 to 49.04.
The bulls are likely aiming to move above the $25.00 level, but they will need to clear the 50.00 level first.
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