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

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DOT, ATOM trading near key resistance levels.

/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.

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