Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day

Polkadot reached its highest level in almost two weeks It rose on Dec. 2, even though the cryptocurrency market fell following the latest non-farm payrolls report. Global crypto market capitalization is down 0.57% at the time of writing as prices were consolidated after the data was released. Uniswap also rose despite turbulent sentiment on Friday.

Polka Dot (DOT)

Polka Dot (DOT) hit his 12-day high on Friday with tokens up.

Following Thursday’s low of $5.34, the DOT/USD surged to an intraday high of $5.63 early in today’s session.

As a result of today’s rally, the DOT rose to its highest since his November 20th high of $5.65.

DOT/USD – Daily chart Looking at the

chart, this point has also acted as a recent resistance level, writing down the price. At the moment he is hovering under this mark.

In addition to the aforementioned cap price, the 14-day Relative Strength Index (RSI) is also trading near the resistance point. The

index is hovering at 49.87, just below the cap of the 50.00 level. After this point, the price could approach $6.00.

Uniswap (UNI)

Uniswap (UNI) posted another notable gain on Friday, with prices rising for his fourth straight day.

UNI/USD peaked at $6.02 earlier in the day, less than 24 hours after bottoming out at $5.73.

The move brings Uniswap Edge closer to his recent high of $6.40, last hit on Nov. 16.

UNI/USD – Daily Chart

As a result of these recent gains, UNI has risen nearly 11% over the past seven days, while the RSI We are tracking near the 1 month peak. The

index is now at 53.25, its strongest point since Nov 6, as the 10-day (red) and 25-day (blue) moving averages are set in an upward crossover is.

If this happens, the UNI bulls may target his $6.50 resistance level.

SUBSCRIBE HERE FOR WEEKLY PRICE ANALYSIS UPDATES IN YOUR INBOX:

IMAGE CREDITS: Shutterstock, Pixabay, Wiki Commons

Exit mobile version