Biggest Movers:  MATIC Hits Highest Point Since August, as FLOW Jumps 14% on Thursday

Polygon roseate to its highest level since August, arsenic the token climbed by arsenic overmuch arsenic 10% connected Thursday. Today’s emergence comes contempt cryptocurrency markets chiefly residing successful the red, with the planetary marketplace headdress down 0.41% arsenic of writing. Flow was different notable anticipation to today’s declines, climbing by 14% earlier successful the day.

Polygon (MATIC)

Polygon (MATIC) roseate by arsenic overmuch arsenic 10% successful today’s session, arsenic the token climbed to its highest constituent since August.

Following a debased of $0.8403 connected Wednesday, MATIC/USD rallied to an intraday highest of $0.9813 earlier today.

The determination saw the token contention to its strongest constituent since August 15, erstwhile it traded astatine a precocious of $1.033.

MATIC/USD – Daily Chart

As tin beryllium seen from the chart, the 14-day comparative spot scale (RSI) has besides surged, breaking retired of a cardinal absorption successful the process. The scale is presently tracking astatine the 62.19 level, which is marginally supra a ceiling of 60.75.

Should this caller upward momentum continue, bulls volition apt look to recapture the $1.00 level. In bid to scope this point, MATIC traders volition archetypal request to instrumentality terms spot to a speechmaking of 65.00.

Flow (FLOW)

Flow (FLOW) snapped a four-day losing streak successful today’s session, arsenic the token raced to a multi-week high.

FLOW/USD surged to a precocious of $2.04 earlier today, which comes little than a time aft hovering astatine a debased of $1.57. Today’s rally successful FLOW has led to a breakout of a ceiling astatine the $1.80 point, which had been successful spot since mid-September.

FLOW/USD – Daily Chart

The RSI connected FLOW has yet to scope a absorption level, with the adjacent disposable ceiling astatine the 65.40 mark.

As of writing, the scale is tracking astatine 63.05, with the 10-day (red) moving mean besides hovering supra its 25-day (blue) counterpart.

Should this inclination continue, it is apt that FLOW could deed $2.15 successful the coming days.

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Could we spot travel deed a ceiling of $2.15 this week? Let america cognize your thoughts successful the comments.

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