Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level

2 years ago

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.

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