On Thursday, Tron was a standout gainer as the coin inched closer to a brand-new one-year high. This occurred despite most bitcoin market capitalization trading in the negative, down 1% as of this writing. Today, Polygon also made a comeback.

Tron (TRX)

On Thursday, Tron (TRX) saw a small increase as the coin hit a new high.

TRX/USD surged to an intraday top of $0.07819 earlier today after hitting a low of $0.07651 on Wednesday.

The action was taken as prices rose after yesterday’s decline, resulting from profit-taking.

Looking at the chart, the bounce happened just as the 14-day RSI hit a level of support.

This floor was at the 70.00 level, which is already quite much into the overbought zone.

Price strength is now tracking at 70.42, with bears likely to attempt to send the token lower in the coming days.

Polygon (MATIC)

This floor was at the 70.00 level, which is already quite much into the overbought zone.

MATIC/USD hit a peak of $0.8895 earlier in the day, less than 24 hours after trading at a low of $0.8591.

Due to today’s spike, MATIC increased by as much as 3%, breaking through a recent floor at $0.8390.

However, earlier advances have considerably slowed down due to the RSI’s collision with a ceiling at 45.00.

Since then, the index has fallen, and as of this writing, TRX is trading at $0.07758, tracking at 44.06.