Biggest Movers: DOT Hits 12-Day High, UNI up for Fourth Straight Day

Polkadot roseate to its highest level successful astir 2 weeks connected Dec. 2, contempt cryptocurrency markets sliding pursuing the latest nonfarm payrolls report. The planetary crypto marketplace headdress is down 0.57% arsenic of writing, arsenic prices consolidated pursuing the information being released. Uniswap was besides higher, contempt the turbulent sentiment connected Friday.

Polkadot (DOT)

Polkadot (DOT) moved to a 12-day precocious connected Friday, arsenic the token rallied, contempt crypto markets being mostly little successful the day.

Following a debased of $5.34 connected Thursday, DOT/USD surged to an intraday precocious of $5.63 earlier successful today’s session.

As a effect of today’s gains, DOT moved to its highest constituent since Nov. 20, erstwhile the token was trading astatine a precocious of $5.65.

DOT/USD – Daily Chart

Looking astatine the chart, this constituent has besides acted arsenic a absorption level successful caller times, and arsenic of penning terms is hovering beneath this mark.

In summation to the aforementioned terms ceiling, the 14-day comparative spot scale (RSI) is besides hovering adjacent to a absorption constituent of its own.

The scale is tracking astatine 49.87, which is marginally beneath a ceiling astatine the 50.00 level. Should it determination past this point, we whitethorn past spot prices caput person to $6.00.

Uniswap (UNI)

Uniswap (UNI) was different notable gainer connected Friday, arsenic prices roseate for a 4th consecutive day.

UNI/USD raced to a highest of $6.02 earlier successful the day, which comes little than 24 hours aft falling to a bottommost of $5.73.

This determination sees uniswap borderline person to a caller precocious of $6.40, which was past deed connected Nov. 16.

UNI/USD – Daily Chart

As a effect of these caller gains, UNI is present astir 11% higher successful the past 7 days, with the RSI tracking adjacent a one-month peak.

The scale is presently astatine 53.25, which is its strongest constituent since Nov. 6, and this comes arsenic the moving averages of 10-days (red) and 25-days (blue) look acceptable for an upwards crossover.

Should this occur, we volition apt spot UNI bulls people a absorption level of $6.50.

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Could we spot uniswap deed the $6.50 people this weekend? Let america cognize your thoughts successful the comments.

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