Flow roseate for a 2nd consecutive league connected Tuesday, arsenic the token climbed by 12% earlier successful the day. The rebound comes aft prices fell to a one-month debased implicit the weekend. Cosmos was besides successful the green, arsenic it, too, deed a five-day high. Overall, the planetary crypto marketplace headdress is up 0.68% arsenic of writing.
Flow (FLOW)
Flow (FLOW) was 1 of the notable movers during Tuesday’s session, arsenic the token roseate by arsenic overmuch arsenic 12% today.
On Sunday, FLOW fell to its lowest level successful implicit 1 month, arsenic cryptocurrency markets fell unfortunate to an influx of bearish pressure.
Since past prices person rebounded, moving distant from yesterday’s debased of $1.77, hitting a highest of $2.08 earlier successful the day.
Today’s surge saw FLOW/USD astir collide with a cardinal absorption constituent astatine $2.10, which caused immoderate uncertainty successful terms movement.
Following its earlier peak, FLOW is present trading astatine $1.94, arsenic erstwhile bulls moved to liquidate their positions, sending prices lower.
As seen connected the chart, this whitethorn besides beryllium owed to the 14-day comparative spot scale (RSI) hitting a absorption constituent of its ain astatine the 40.00 mark.
Cosmos (ATOM)
Another large mover truthful acold contiguous has been cosmos (ATOM), which besides roseate for a 2nd consecutive day.
Following a debased of $10.16 connected Tuesday, ATOM/USD raced to an intraday precocious of $11.86 earlier today.
Today’s determination sees ATOM driblet to its lowest constituent successful 5 days, from erstwhile the token was trading supra $13.00.
Looking astatine the chart, though the token climbed beyond its cardinal absorption level of $11.50, earlier gains diminished, arsenic traders moved to unafraid profits.
As of writing, cosmos is present trading astatine $11.25, falling beneath the aforementioned terms ceiling.
Should traders look to widen the tally of the past 2 days, the RSI volition request to determination past an upcoming obstacle which stands astatine 52.00.
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