The prices of encoded currency were in a high unification phase on Tuesday morning, when Bitcoin remained less than $ 100,000. Most symbols have not changed largely, as many of them are waiting for bitcoin to give them guidance. This article provides predictions of the highest encryption rates for many symbols such as Monero (XMR), UISWAP (UNI) and Cardano (ADA).
Monero predict
Monero has increased the giant privacy encryption currency steady in the past few months. He jumped from $ 100 in 2023 to $ 235 today, its highest level since April 2022. The currency has risen above the decisive support level at $ 187, the highest level in January 2023. I tried to turn this resistance to support several times before and to fail.
Monero moves higher than a 50 -day moving average and formed an upward channel, a sign of bulls at the present time. Moreover, the average trend index (ADX) moved to approximately 30, indicating that the trend is strengthened.
Therefore, the price of the Monero price is upward if it crosses the important resistance level at $ 250, which is the upper side of the channel. This step will see to rise to the decisive point at $ 288, which is the highest level in April 2022. The low support level at $ 200 will nullify the bullish supply.
Read more: prediction at Monero: Here is the reason that XMR can rise soon
UNISWAP price expectations
The price of UISWAP has declined in the past few weeks, as it has decreased from the highest level from 19.50 dollars to the current $ 10. It also crashed less than the important support level at $ 16.85, which is the highest swing in March last year.
The price of UniWAP recently stabilized after the launch of the Mainnet Unichain developers. The data on the site shows that the network has dealt with more than 3.1 million transactions and processing 32,000 smart contracts.
The price of the UISWAP has moved over the rising trend line that connects the lowest fluctuations since June 2022. This is a sign that it constitutes a series of higher highlands and upper declines. The resulting pattern is defined as loudspeakers or an upward softening. It often makes the origin of a huge giant style that is often strong.
The price of the UISWAP is likely to increase in the coming months, and perhaps re -test the main support at $ 24, which is at the construction point by 50 % Vibonacci and 147 % higher than the current level. This expectation will take time to complete it because it is on the weekly graph.
Cardano prices analysis
The ADA price has settled a little as investor reaction was to a recent partnership with Globant, a leading company in AI. Traders are also awaiting a meeting coming between Charles Hoskinson and the last of the leading characters, who speculate some analysts will be Elon Musk. There are also increasing possibilities that the Securities and Stock Exchange Committee (SEC) will agree to Cardano ETF.
Cardano Price was traded at $ 0.80 on Tuesday morning when she entered the third stage of Eliot Wave style. It has also moved above the level of Fibonacci by 23.6 % and the main point at $ 0.80, which is the highest swing in April 2024.
Therefore, there are increasing opportunities that the ADA price may continue to rise in the coming months. Such a move will initially pay it to $ 1.31, which is the highest level in 2024, followed by $ 1.67, and the decline point by 50 %.
Read more: Cardano predictions: Ada may double, but the risks remain
Supreme encryption predictions: Monero, UISWAP, Cardano back on Invezz
