Biggest Movers: MATIC Climbs to 5-Week High, ATOM Extends Recent Gains

Polygon was 1 of Tuesday’s notable gainers, arsenic the token roseate to its highest constituent since mid-September. Today’s surge saw prices of the cryptocurrency emergence for a 3rd consecutive session. Cosmos besides extended caller gains, climbing to its strongest constituent successful caller days.

Polygon (MATIC)

Polygon (MATIC) was a notable gainer connected Tuesday, arsenic the token rallied for a 3rd consecutive day.

MATIC/USD surged to an intraday highest of $0.876 earlier successful today’s session, little than a time aft trading astatine a debased of $0.8293.

This determination saw the token ascent to its highest constituent since September 13, marginally rising supra a ceiling of $0.8775 successful the process.

MATIC/USD – Daily Chart

Looking astatine the chart, today’s determination comes pursuing a breakout of the comparative spot scale (RSI) of 14v days, which roseate past a cardinal ceiling.

This ceiling astatine 59.50 was breached earlier successful the day, and arsenic of writing, the scale is tracking astatine 61.46.

Despite prices moving beneath erstwhile highs, bulls volition apt inactive people the $0.9000 level successful the coming days.

Cosmos (ATOM)

In summation to MATIC, cosmos (ATOM) was besides successful the green, arsenic the token moved higher for a 3rd consecutive day.

ATOM/USD surged to a precocious of $12.70 earlier successful the day, which moves comes little than 24 hours aft the coin was trading astatine a debased of $12.18.

Today’s surge successful terms saw cosmos ascent to its strongest constituent since October 10, erstwhile the token was supra $13.00.

ATOM/USD – Daily Chart

Earlier momentum has marginally faded, arsenic the RSI collided with a absorption of 49.00, which has been successful spot since precocious September.

As of writing, ATOM is present trading astatine the $12.52 level, which is somewhat beneath a cardinal ceiling of $13.30.

Should terms spot rally beyond its existent hurdle, we volition apt spot the token determination backmost to the aforementioned resistance.

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Do you expect cosmos to recapture this ceiling this week? Let america cognize your thoughts successful the comments.

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