Cosmos decline continues while polygon rises-market tactualizations
Cosmos decline continues while polygon rises-market tactualizations
Before the FOMC session on Wednesday, the cryptocurrency markets were again higher, with Polygon (Matic) being one of today's biggest winners. Although the top 20 mainly tended upwards, some in this list were mainly lower during the session.
biggest winner
frequent (Matic) One of the biggest winners under the top 20, climbed up to 12 % on Wednesday and reached a daily high of $ 1,72 $
The movement meant that Matic/USD bounced off its level of support of $ 1.49 and tried to make a run to resist $ 1.77.
In today's rally, prices have not rose as much as it has been in 4 days, which led to the RSI rose from 33 to 37, which has been the greatest increase in price strength since January 20th.
Although there have been price increases for the current course in the past, market uncertainty could probably increase if Matatic/USD should find its way to $ 1.80.
If you look at the diagram below, there seem to be several declining candlesticks at this level, which could mean that the bulls, which have risen at $ 1.49
dealers will now wait and see how this step affects while we turn to the end of the day. Although most cryptos were in the top 20 during the most part of today's session in the green, there were some exceptions to Kosmos (atom) to be one of them. atom fell by up to 9 %, which led to a low of $ 33,47
The sale took place at the resistance brand of $ 36.25, which has long been an upper limit for price movements. If you look at the diagram, a downward cross between the sliding 10/25-day average has occurred, which could mean that the current declining dynamic could continue in the coming days. could we make our way to support at $ 29? Share your thoughts in the comment area below. Bedy verification : Shutterstock, Pixabay, Wiki Commons, Tradingview, biggest loser
