IOTX was Friday’s big gainer, as crypto markets were lower across the board to end the week. Overall, the global cryptocurrency market cap is down close to 4% in today’s session.
Biggest gainers
Following a strong start to the week, which saw the likes of shiba inu (SHIB), and leo token (LEO) both rally by over 50%, cryptocurrency prices fell as we headed into the weekend.
Although the majority of the top 100 markets were in the red, there were a few notable exceptions to this.
IOTX/USD, which was trading at a low of $0.1029 on Thursday, climbed to an intraday high of $0.1205 earlier today.
Today’s move came after two consecutive sessions of declines, which took prices to support of $0.1234, where bulls seemed to have bought the dip.
As a result of the rally from support, the 10-day (red) 25-day (blue) moving averages extended their recent upward cross, which was the first time such a crossover happened since early November.
Price strength also fell from its highest point s
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