gtag('config', 'G-0PFHD683JR');
Crypto News

Altcoins is heading today

The encryption market added $ 77 billion over the past day. This indicates a possible shift towards the difficult momentum, as investors increase their trading activity.

Amid this positive market movement, some Altcoins gained a large traction, drawing attention due to its work.

Berachain (bera)

Layer-1 Coin Bera is Altcoin heading today. It is currently trading at $ 5.90, indicating an 8 % increase in the past 24 hours.

However, the passive flow of Chaikin funds (CMF) on the four -hour chart indicates a decreased deviation, indicating a possible correction of the prices in the short term. At the time of the press, CMF BERA is less than zero at -0.04.

Prara prices analysis
Prara prices analysis. source: Tradingvief

This indicator measures the purchase and sale of the original by analyzing the size and the movement of prices over a specified period. The declining difference is formed when the price of the original rises while its CMF trends down or turn negative. This difference indicates twice the purchase pressure and the potential price correction.

In the event of a correction, the price of the BERA may decrease from the support that was formed at $ 5.44 to trade at $ 3.93. On the other hand, if it maintains the current upward trend, its price may rise to $ 8.11.

Kuma Eno (Kuma)

Kuma is described as “Ibn Shayb and the BNB protector”, it is the Mimi currency of dogs, and it is one of the most searched assets today. Trading at $ 0.06 at the time of the press, and its price increased by 13 % over the past 24 hours.

This gathering is two numbers as a continuation of the KOMA price rally, which began after its lowest level ever at $ 0.022 on February 3. Since then, the Meme Coin value has increased by 186 %.

If this upward trend continues, Koma may trade at $ 0.086.

Kuma price analysis
Kuma price analysis. source: Tradingvief

However, if the profit begins, its price may decrease to $ 0.051.

Sonic (former. FTM) (s)

Sonic’s S is heading to Altcoin at another day. Hands exchange at $ 0.55, and its price increased by 17 % during the past day.

According to the intermediate average convergence index (MACD), it is preparing to extend its short -term gains. At the time of the press, the Altcoin (blue) MACD line settles over the (yellow) signal line, indicating the bullish pressure on the market.

The assets index determines the trends and momentum in price movement. Traders help to discover signs or sell potential signals through the transmission processes between MacDs. When prepared in this way, the purchase activity dominates the market, and erases more prices.

In this scenario, the Sonic value can penetrate $ 0.59 to trading at $ 0.76.

S.
S. Source: Source: Tradingvief

On the contrary, the negative transformation in the market trends can lead to a decrease in the price of S to $ 0.33.

Disintegration

In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button