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Reading: Biggest Movers: MATIC, QNT Move Higher on Friday as Cryptos Rebound
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The cryptonews hub > Blog > Market > Biggest Movers: MATIC, QNT Move Higher on Friday as Cryptos Rebound
Market

Biggest Movers: MATIC, QNT Move Higher on Friday as Cryptos Rebound

Crypto Team
Last updated: December 27, 2024 2:15 pm
Crypto Team
Published: December 10, 2022
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shutterstock 2163938787 Biggest Movers: MATIC, QNT Move Higher on Friday as Cryptos Rebound

Polygon (MATIC) was a notable mover on Friday as the token rose to its highest point since Monday to become one of the digital assets that benefited investors in an unequaled manner and after Thursday’s low of $0.9062, MATIC/USD earlier today An intraday peak of $0.9324 was reached as a result, the coin moved to a key level of $0.9540 which was last hit on December 4 while it is close to support ranges including the 14-day Relative Strength Index and at 53.00. has moved towards its point of support.

The 10-day (red) moving average is also trending today as well as holding above its 25-day blue counterpart, but this is a sign of higher bullishness in the market despite the volatility as some expect the price to move higher towards the end of the week. where growth is expected
Quant (QNT) was another bullish coin for Friday which raised its price for the second session in a row and benefited users but earlier in the day QNT/USD went up to a high of $124.88 and fell to a low of $120.70. After that it took less than 24 hours.
Today’s move saw QNT surpass the recent point at $122.00 as well as the price seems to be moving to the range where it finds the point of resistance at the $132.00 mark which is at the beginning of the week and this mark To reclaim that, the QNT bulls must first overcome the resistance lying at the RSI of 52.00.
Certainly the market conditions have remained normal and we can say that investors are still expecting good results where they feel that the market will be normal and they will be able to earn a good investment. Through calculations, we can think about the direct benefit to the investors through investment, which will be quite good.

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