The encryption rates were fixed in April, as Bitcoin rose by more than 14 % and most of the Solana Meme coins, which are due to a strong return. This recovery may continue in May with the ease of commercial tensions and investors return to risky assets. This article is seen in the highest cryptocurrencies such as the virtual protocol (Virtua), Voxies (Voxel), and viruscin (Fartcoin).
Prediction of virtual prices
The virtual price is equivalent in April, as investors bought the decline and as the demand for its ecosystem rises. The highest symbols like Ribbita, Game and AIXBT are rising with double numbers.
The bottom of the distinctive symbol reached $ 0.4135 on April 8, then offered a strong return to $ 1.6, its highest level on February 1. At its highest point, the currency increased by approximately 300 %, making it one of the best performance in the encryption industry.
The virtual price moves higher than the 50 -day SIA moving average (EMA), which provides great support. I have also moved to the level of 23.6 % redemption.
Currency fluctuations, such as the RSI, RAM, and MACD, continued to rise this year. Also, the average trend index (ADX) has been tilted up and now hovering about 40.
Therefore, the less resistant path for the apparent price is upward, with the next important goal for a 2.8 dollar viewing, which is a 50 % recovery level, which is about 77 % higher than the current level.
The decrease below the psychological level at one dollar will nullify the upcoming expectations and indicate more negative aspect in the short term.
Technical analysis of prices in Al -Ferkin
The Daily Chart explains that Fartcoin, one of the best Solana Meme currenciesand It was one of the best performance in the market as it jumped with more than 480 % of its lowest point this year. This increase raised the market value to more than a billion dollars.
The moving average for 50 days supports increased currency. It is also close to the level of 50 % of Fibonacci’s spread. Also, the average trend indicator shows that the strength of the trend is good.
However, the danger is that the currency has formed an up -to -wheel drum. This pattern consists of two upward and close -up trends. This often leads to a strong declining collapse when the two lines are about to converge.
Therefore, there is a risk that the price of Fartcoin will have a declining collapse, which is likely to be the main support at one dollar soon. A break over the key resistance at $ 1.5 will soon indicate more gains.
Read more: The high price of Fartcoin: Here is why Solana Meme can double
Technical analysis of the price of Foxes
The price of the Foxel equivalent this week went, making it one of the best coins in encryption. It increased by more than 750 % between its lowest levels and its highest levels in April, prompting the market ceiling to more than $ 30 million.
Voxies is now trading at $ 0.11, an increase of 430 % of its lowest point this year. It also moved a little higher than the moving average for 50 days.
Also, the average trend index (ADX) increased. There are signs that the currency has become more than peak, which means that withdrawal is possible. However, the jump above the highest point in April will indicate that there are more bulls keen to push it up to this month.
Supreme encoding predictions: virtual, voxies, fartcoin appeared first on Invezz
