Flow was successful the greenish to commencement the week, arsenic the token climbed to its highest constituent since May. The surge has seen prices emergence by arsenic overmuch arsenic 15% connected Monday, arsenic caller gains were extended. Polkadot was besides higher, arsenic it excessively cemented multi-month highs.
FLOW
FLOW was 1 of Monday’s astir notable movers, with prices of the token expanding by arsenic overmuch arsenic 15% successful today’s session.
After trading astatine a debased of $2.59 connected Sunday, FLOW/USD rallied to an intraday precocious of $3.13 to commencement the week.
This determination saw FLOW emergence to its highest constituent since May 11, erstwhile prices were trading supra $4.00.
Looking astatine the chart, today’s highest comes arsenic the token broke retired of its semipermanent absorption astatine $3.00.
The surge comes arsenic terms spot continues to climb, and arsenic of writing, is tracking successful overbought territory.
Currently, the comparative spot scale (RSI) is astatine a speechmaking of 75.28, which is adjacent to its highest constituent since April.
This could beryllium a affirmative for bears anticipating imminent terms declines.
Polkadot (DOT)
Whilst FLOW moved to a three-month high, polkadot (DOT) moved to its highest level successful adjacent to 2 months.
DOT/USD raced to an intraday highest of $9.36 to commencement the week, little than 24 hours aft residing astatine a debased of $8.54.
As a effect of Monday’s surge, DOT moved concisely supra its terms ceiling of $9.30, which is 1 of the past lines of defence to a determination supra $10.00.
Since hitting earlier highs, gains successful polkadot person somewhat eased, arsenic bulls apt moved to unafraid profits.
This driblet successful momentum coincides with the 14-day RSI hitting a absorption level of its ain adjacent the 67 mark.
Should DOT privation to widen its determination towards the $10.00 mark, past comparative spot volition request to flooded this obstacle.
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Do you expect polkadot to surge to $10 this week, contempt being overbought? Let america cognize your thoughts successful the comments.