2 years ago
ATOM was accelerated approaching a one-month precocious during Tuesday’s session, arsenic bullish momentum continued to emergence pursuing caller gains. This determination comes arsenic MATIC besides climbed higher, hitting its highest level since June 29 successful the process.
Cosmos (ATOM)
ATOM was trading higher connected Tuesday, arsenic prices roseate to a multi-week precocious earlier successful today’s session.
The token roseate to an intraday highest of $9.27 pursuing yesterday’s July 4 celebrations, wherever prices deed a debased of $8.14.
Today’s highest sees ATOM/USD deed its highest constituent since June 9, arsenic prices made their mode down beneath the $10 mark.
However, pursuing caller gains, ATOM whitethorn beryllium acceptable to erstwhile again ascent supra $10, arsenic bullish unit continues to intensify.
Although caller momentum has been higher, pursuing today’s high, gains somewhat eased, with immoderate opting to exit alternatively than propulsion for further gains.
This uncertainty came arsenic prices deed a absorption constituent astatine $9.10, which hasn’t been breached successful astir 4 weeks.
Polygon (MATIC)
MATIC has erstwhile again made the quality for being a notable mover, arsenic prices proceed to determination distant from past week’s low.
Prices deed a bottommost of $0.4218 connected Friday, however, they surged to an intraday highest of $0.5325 earlier successful today’s session.
This is the highest constituent MATIC/USD has reached since June 29, and comes arsenic the $0.4375 enactment constituent has stabilized.
Looking astatine the chart, today’s surge besides comes pursuing a breakout of the 45.50 ceiling connected the 14-day RSI.
As of writing, the Relative Strength Index is tracking astatine 47.40, which is its highest speechmaking successful the past 7 days.
Should this uptrend continue, MATIC could soon beryllium colliding with yet different ceiling, this clip astatine the $0.5557 point.
Will MATIC merchantability disconnected erstwhile this absorption constituent is hit? Let america cognize your thoughts successful the comments.
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