The Crypto Market has started the week well, with Bitcoin and many Altcoins beating the US Securities Market. Bitcoin occupied a fixed price of more than $ 88,000, while the evaluation of all cryptocurrencies has jumped to $ 2.75 trillion. This article provides a prediction to Altcoins, such as reserve rights (RSR), IOTA (IOTA), Pendle and Solana (Sol).
Reserve rights analysis
The price of the distinctive code for backup rights was $ 0.0269 in December, with most Altcoins rising. Then he suffered a reflection and reached the bottom at $ 0.0045 earlier this month. This was an important level because it coincided with the rising trend line that connects the lowest fluctuations since February last year.
The price of the RSR code rose back and moved above the SIA moving average for 50 days (EMA). It also tries to rise above the main resistance level at $ 0.0082, which is its highest level on March 26.
Senior vibrations such as RSI and MACD indicators continued to rise. Therefore, the reserve rights code is likely to continue to rise, with the next level for a watch of $ 0.0115, and the construction point is 61.8 % Fibonacci.
Technical analysis of the price of IOTA
The IOTA code rose to the highest level of $ 0.6390 in December, where investors chanted the proposed upgrade. Many have happened since then, including choosing a list of auditors who will supervise the network. Rebusted also in its test.
Therefore, the Rebsed upgrade is likely to occur in the next few months, and perhaps in May. Such a step will lead to more changes on the IOTA network as it provides deceptive, smart contracts and authorization. It will make the IOTA an applicable alternative to popular chains such as Solana and Ethereum.
The daily graph shows that the price of the IOTA has formed a falling scent pattern. It has moved over the upper side, a sign that the ups off the bullish look well.
IOTA has also formed a climbing contrast pattern such as RSI and MACD indicators referred to the top. He also tries to move over the average movement for 50 days and 100 days.
Therefore, the currency may go to the reward in the coming days, with the next point to see it at $ 0.4190, its highest point in March 2024. The main subsidy decrease at $ 0.1330 will nullify the bullish offer.
Solana Price’s expectations
The price of the distinctive symbol in Solana has decreased in the past few months, as it has decreased from a height of $ 300 earlier this year to the current $ 140. On the positive side, the symbol shape the cup and the handle style.
C&H style is one of the most bullish styles. The last decline is part of the formation of the handle section.
Therefore, the distinctive symbol is likely to rise, with the next point to see being at $ 260, the upper side of the cup. Step higher than this level will indicate more gains, with the next goal to watch $ 500. The bullish supply will be invalid if the price decreases below the lowest level for this month at $ 95.
Read more: Solana (Sol) is heated, but do you have to buy yet?
Pendal prices analysis
The Daily Chart explains that the price of Penle is $ 1.8837 in March. The slightest swing was in August last year.
The currency wore again and moved to the current $ 3.2. It formed an upward channel and moved a little higher than the moving averages for 50 days and 100 days.
The Penle’s distinctive symbol formed a dual giant style at $ 1.8837. Therefore, the distinctive symbol is likely to continue as the bulls target the main resistance level at $ 5. This opinion will be confirmed if the distinctive symbol above the resistance level rises at $ 3.5360, which is the highest swing this month.
