On Wednesday, Cardano (ADA) and Solana (SOL) both experienced significant gains, with ADA reaching its highest level in six days. The relative strength index (RSI) broke through a barrier of resistance at 53.00 and is currently tracking at 55.12. A potential target for bulls is the upcoming ceiling of 58.00. Currently, Solana is about to hit its long-term ceiling of $23.00.
Biggest Movers: ADA, SOL Jump 9% Higher on Wednesday