Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low – Market Updates Bitcoin News

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Biggest Movers: BCH Higher to Start the Weekend, MATIC Hits 15-Month Low – Market Updates Bitcoin News
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Following Friday's drop to its lowest point since February 2019, BCH rebounded to start the weekend.

However, following this three-year low, bulls made a concerted effort to lift prices away from this point.

As of writing, earlier gains have somewhat eased, with bitcoin cash trading around $5 lower than today’s previous peak.moved away from a multi-year low, MATIC moved towards one, as prices slipped to start the weekend. On Saturday, MATIC/USD fell to a low of $0.3631, which is nearly 10% lower than yesterday’s high of $0.406.

Today’s decline saw MATIC hit its lowest level in 15 months, following a rough three months which saw prices drop from $1.37.Despite this intense sell-off, MATIC continues to remain in the cryptocurrency top 20, however should this level of declines persist, it may face challenges to remain there. As of writing, the 14-day RSI is hovering slightly above its floor of 27, which is a point that hasn’t been broken since May 12.Tags in this story

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