Shib, Dot remain close to 3-month high-quality stalls despite falling crypto markets-market tactualizations

Shiba Inu was one of the biggest winners on Friday Coin remained near the recent three -month high. The token was for most of today's meeting in the green area, although the global market capitalization for cryptocurrencies had fallen by 1.28 % at the time of writing this article. Polkadot was also higher because it was still traded above an important price limit.

Shiba-inu (Shib)

Shiba Inu (Shib) was a remarkable movement on Friday, with the prices near the three -month high.

Shib/USD rose to a high of $ 0.00001291 on Thursday, which was his strongest point since November, but fell lower than the bulls wanted to take away.

As a dealer, the Shib fell to a low of $ 0.00001196 yesterday, but the prices have recovered since then and are currently $ 0.00001251

Seen on the chart, the decline on Thursday pressed the Shib towards a floor at 61.00 on the relative strength index (RSI), but the bulls rejected a breakout.

While I write this, the index moves at 69.41, which is slightly below a resistance point at 70.00

So that the SHIB can reach yesterday's maximum, this upper limit must be broken at 70.00.

polkadot (point)

also polar cadot (DOT) kept the interest bully momentum in today's session, since the token continued to act above an important level of resistance.

After it had given up a high of $ 6.84 on Thursday, Dot/USD later fell to a low of $ 6.53

The token has recovered since then and is currently traded at $ 6.79 at the time of the writing of this article, which is slightly below a upper limit of $ 6.80.

If you look at the diagram, the 14-day RSI indicator is at a value of 66.53 and quickly approaches an upper limit of 68.00.

similar to Shib, DOT dealers have to overcome this point so that the market dynamics remain bullish.

If this should happen, Polkadot could possibly move closer to the $ 7.00 mark.

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could we see that Polkadot reaches $ 7.00 before the end of the week? Share your thoughts in the comments.

Eliman Damell

Eliman brings an eclectic point of view to the market analysis. Previously, he was a brokerage director and online trading instructor. He currently acts as a commentator for various investment classes, including crypto, stocks and foreign exchange, and is also the founder of a startup.

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