SOL, MATIC rebound from multi-month lows to start the weekend.
Overall, the global crypto market cap is currently trading 1.8% higher, following a nearly 10% drop on Friday. Polygon was another notable mover, as price rose by nearly 7% on Saturday.Solana was back in the green to start the weekend, as bulls reappeared following Friday’s red wave.
The move sees solana climb above a recent floor at $17.30, moving away from its weakest point since January 13 in the process.Looking at the chart, this was helped by the relative strength index , which found a point of support at the 30.00 level. The momentum of the 10-day moving average continues to trend downwards, which could be a sign that there could be more turbulence ahead.In addition to solana, polygon also rebounded from a multi-month low during Saturday’s session.
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