Biggest Movers: MATIC Nears 3-Month High, as LINK Extends Recent Gains – Market Updates Bitcoin News

Sentiment rose to 64.9 in January, up from a reading of 59.7 in December. Chainlink also surged in today’s session, hitting its strongest point in nearly two months.Following a low of $1.07 on Thursday, MATIC/USD raced to an intraday peak of $1.15 earlier today.

As a result of this, polygon moved to its strongest point since November 11, which is the last time prices were trading at this point of resistance.Looking at the chart, the surge took place when the 14-day relative strength index broke out of a ceiling at 69.00. As of writing, the index is tracking at 72.14, and appears to be en route to a ceiling at the 77.00 mark.Chainlink LINK/USD jumped to a high of $7.33 earlier in the day, which comes less than a day after falling to a low of $6.93.

This rally in price pushed chainlink to its highest point since December 5, breaking it out of a price ceiling in the process.As can be seen from the chart, LINK climbed past its resistance level of $7.25, however the RSI was unable to also achieve this feat.Register your email here to get weekly price analysis updates sent to your inbox:

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