Biggest Movers: ATOM, DOT Hover Below Key Resistance Levels on Saturday – Market Updates Bitcoin News

/USD has almost doubled in value, climbing from a floor of $5.48 on June 18, to its current point today.

However, with the RSI now running into a wall at its 58.38 point, some of this momentum may slow, with traders instead taking profits, rather than maintaining open positions.Following a slow start to the day, DOT shook off market uncertainty to marginally rise during today’s session. Today’s action now sees DOT moving closer to a ceiling of $7.50, a point it has not broken in the last ten days.Whilst prices have consolidated below this ceiling since June 29, price strength also remains under a resistance point — one that has been in place for over three months.

I'm bullish on $DOT and continue to regularly allocate usdt to buy this project

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Almost all Bitcoin maxis still believe $BTC is bound to hit $100K by the end of the year. While short term bounces are expected, it’s safe to say we are no where near the bottom. Y’all should follow tongspn He knows his stuff when it comes to Bitcoin and other cryptos.

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