Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday – Market Updates Bitcoin News

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Biggest Movers: MATIC, SOL Move Towards 4-Month Highs on Saturday – Market Updates Bitcoin News
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MATIC moves to 4-month high, after surging by over 10% on Saturday.

Solana was also trading at a multi-month high, as it rose by over 10% earlier in today’s session. As of writing, the global crypto market cap is trading nearly 3% higher.Polygon was a notable gainer on Saturday, as the token rose to its highest point since May.

This is the strongest point that the token has traded at since May 7, and comes after prices rallied past a key resistance level.Looking at the chart, this resistance was at the $0.9500 region, which was last breached on July 31. However, the move eventually turned into a false breakout. This is the 66 point on the index, which has been in place since July 17, when the RSI moved to a high above the 80 level.

SOL/USD raced to an intraday high of $48.18 to start the weekend’s session, as bulls attempted to recapture the $50.00 point.

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