The Altcoins Trending Today
The crypto market is still under pressure, and Bitcoin (BTC) is now trading at $ 100,000 (ETH) of $ 3,000 at $ 3,000.
With the wider market’s efforts to restore the momentum, some Altcoins is attracted the attention of investors due to significant changes in prices.
1 -layer coin sui Today is a popular cottage. Its current transaction price is $ 3.11, a 17 % price in the past 24 hours. With the strengthening of the pressure, the price point is the lowest since November last year.
The SUI mobile average convergence difference (MACD) indicator evaluated on the daily chart confirms the weakening demand for Altcoin.
When writing this article, the coin’s MACD line (blue) is located below its signal line (orange). When setting this indicator in this way, it indicates the decline. This means that the price of assets may continue to fall.
If the downward trend still exists, the price of SUI may drop to $ 2.10. According to the basis, if you see the upward trend, the price of SUI may rise to $ 5.35.
Excessive flow (hype)
The hype is a popular cottage coin Today, its value has risen by 3 % in the past 24 hours, which has hindered a wider market trend.
The rise of the relative strength index (RSI) Emphasizing the steady growth of the demand for cottage. When pressing, this momentum indicator is in the upward trend of 50.76
The RSI of the assets measures its over -trading market. In the trend of 50.52 and its upward trend, Hype’s RSI shows that the cottage coins are obtaining a bullish momentum, but they have not yet entered too much territory. This shows that if the purchase pressure continues, the potential continuation of the upward trend.
In this case, the price of Hype may exceed US $ 24.10 and trade at $ 27.57.
However, if the bear team restore market control, they may force the price of speculation to $ 18.50.
Official Trump (Trump)
Donald Trump Linked Meme Coin has trended today, and its price decrease has fallen by 16 % in the past 24 hours. When pressing, Trump exchanged at a price of $ 17.57.
Trump’s double -digit price decline accompanied by 28 % of its daily transaction volume, which reflects high sales pressure.
When the price of assets fell, the transaction volume surged, which indicates that the sales pressure is very high, which indicates that traders are actively uninstalling their positions.
This shows that Trump’s price may be further unfavorable. In this case, the price may fall to $ 15.78.
On the other hand, if it sees it, it may soar, it may push the value of the coin to $ 22.22.
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