The higher encryption prices were mixed on Monday morning, and continued in the last direction in the encrypted currency market. The price of Bitcoin was more than $ 105,000, while the ETHEREUM price was above $ 2,500. This article provides predictions of the three best currencies like Flare (FLR), Horizen (Zen) and Cookie Dao (cookie).
Expectations of the glow price before opening a large
The distinguished Flare rose while traders focused on opening the next distinctive symbol later this week. You will open the symbols you deserve $ 39 millionThat is, equivalent to 3 % of the total circulating symbols.
Distinguished code opening processes are usually down because they offer new coins in the market, which enhances supplies. The Daily Chart explains that the Flare icon price was circulated at $ 0.020 on Monday, which is the highest points of the lowest level at the end of the week at 0.01623 dollars. It is also about 80 % higher than the lowest point this year.
Zen Price has remained higher than the 50 -day and 100 -day moving averages (EMA), a sign that the bulls are still controlling control now. It also formed a candlestick on Friday, which explains the reason for its rise in the past two days. The hammer consists of a small body and a lower long vit.
The glow price also formed the falling scent pattern, and the famous upscale reflection pattern. Therefore, the currency is likely to recover, with the next point of up to $ 0.02240, its highest point in May.
Horizon price predictions as wedge models
Horizen’s distinctive code price was traded at $ 9.955 on Monday morning, an increase of 55 % of the lowest point in April. This recovery due to the continuous gathering in the encryption market and the demand for privacy currencies.
The price of the horizon was hovering between the moving averages for 50 days and 100 days. It has also formed a rising wedge, consisting of two bullish trend lines and rapprochement. The wedge is one of the most descending patterns of technical analysis.
This breakdown usually occurs when the two lines are about to converge. In the case of Zen, the two lines have a long way to converge, which means that monotheism will continue. The main support and resistance levels are $ 9 and $ 12.5.
DAO cookie price expectations
Read more: Bitcoin predicts for the month of June: Will BTC rise or decrease in June?
The price of cookies has achieved well in the past few weeks as it jumped by 260 % of the lowest point in April. This increase raised the maximum market to more than $ 130 million, making it the best player in the Bachelor’s Series Network.
The eight -hour graph shows that the price of cookies formed a cup and a handle, a sign of a common difficulty. The underside of this cup is $ 0.070, while the top side is at $ 0.30. This means that the cup has a depth of about 75 %.
The last decline was part of the formation of the handle section in the cup. Therefore, by measuring 75 % of the upper side of the cup, we can probably estimate the prices of cookies at $ 0.54, which is about 112 % higher than the current level. The drop in support at $ 0.2100 will nullify the upcoming expectations.
Top Pricing Predictions: Flare, Horizen, Cookie Dao first appeared on Invezz
