Biggest Movers: FIL up 25%, as DOT Surges to 6-Week High on Saturday

Filecoin was 1 of Saturday’s biggest gainers, arsenic prices roseate by arsenic overmuch 24% to commencement the weekend. The determination saw the token scope its highest constituent since aboriginal June, and comes contempt cryptos being mostly successful the reddish successful today’s session. DOT was besides higher, arsenic it excessively deed a multi-week high.

Filecoin (FIL)

Filecoin (FIL) was 1 of the large movers successful crypto markets connected Saturday, arsenic prices of the token surged by implicit 24%.

On Saturday, FIL/USD roseate to an intraday precocious of $7.49, which comes little than a time aft being astatine a bottommost of $5.81.

As a effect of this, FIL reached its highest level since June 7, which came arsenic prices raced past a cardinal absorption point.

Looking astatine the chart, FIL broke past this ceiling of $6.25 earlier successful today’s session, which past led to a emergence of bullish pressure.

After breaking this ceiling, prices person present collided with yet different resistance, this clip astatine $7.60.

Bulls look to beryllium targeting the $8 point, nevertheless with prices present overbought, this tally to $8 whitethorn beryllium a small much challenging to execute during the people of this weekend.

Polkadot (DOT)

In summation to FIL, polkadot (DOT) was besides successful the greenish during today’s session, with prices climbing by astir 10%.

Saturday saw the token ascent to a highest of $8.78, arsenic prices rallied beyond a caller ceiling of $8.45.

Like with FIL, this constituent is the highest level DOT has traded astatine since aboriginal June, and comes little than 24 hours aft prices were astatine a debased of $7.83.

The 14-day comparative spot scale (RSI) is present besides astatine a three-month highest of 64.54, and this could disrupt bullish momentum, arsenic prices are present overbought.

Should momentum proceed to emergence however, it is apt that the $9 level is what bulls volition people arsenic a imaginable exit point.

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Do you expect polkadot to ascent supra $9 this weekend? Let america cognize your thoughts successful the comments.