MATIC moves higher for fifth straight session, whilst AAVE hits a 2-week high.
MATIC was one of Friday’s notable movers, as prices of the token rose for a fifth consecutive session. This came as crypto markets were mostly in the green for the majority of the day’s session, with AAVE hitting a two-week high.MATIC was a notable mover on Friday, as prices of the token rose for a fifth consecutive day of trading.
This move pushed the token close to its resistance level of $0.6000, with some bulls opting to liquidate positions around that region.As seen from the chart, the last time prices traded around this ceiling there was a high level of uncertainty, and likely knowing this, bulls decided to secure gains at this mark.
As of writing, the Relative Strength Index is tracking at 57.15, which is slightly below a resistance level of 57.50.AAVE was also in the green during Friday’s session, as prices rose to their highest point in over two weeks. This move saw the token climb to its highest point since June 26, which is similar to the height reached by MATIC earlier today.Another similarity with AAVE and MATIC sees the former also hitting a resistance point, not only in price but also in terms of relative strength.
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