Biggest Movers: SAND up 15% on Friday, as MATIC Rebounds From Near 10-Day Low – Market Updates Bitcoin News

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SAND surges by 15% on Friday, whilst MATIC moves away from a 10-day low.

SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping to nearly a ten-day low on Thursday. Overall, crypto markets are up 1.30% as of writing.SAND was one of the most notable movers during today’s trading session, as crypto prices rebounded on Friday.

Prices of the token have mostly rallied during the last two weeks, after hitting a floor of $0.7393 on June 18.This was the lowest level that SAND had hit since October 2021, prompting bulls to reenter the market and buy the dip. This upward trend could mean that bulls may attempt to lift prices even further, with the $1.50 point a possible target.MATIC has been trading in a channel of lower lows for the past seven days, however that run was snapped following today’s rally.

As of writing, MATIC/USD is now trading nearly 9% higher than yesterday’s low, however volatility continues to remain high.Bears appear to be trying to take prices to the support level located around $0.3975, however bulls have so far resisted this.

 

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