Altcoins Are Starting To Recover From Their Intraday Lows
The post Altcoins Are Starting To Recover From Their Intraday Lows appeared on BitcoinEthereumNews.com.
Sep 15, 2024 at 14:01 // Price Altcoins are recovering from their recent decline. In the early stages of the recovery, bulls will stop the decline above existing support while moving sideways. According to this price analysis by Coinidol.com, Nervos Network, Popcat, Quant, MANTRA and Bittensor will rise as long as cryptos are above the current support level. Nervos Network Nervos Network (CKB) is in a downtrend and moving sideways. The selling pressure was caused by a rejection at the $0.030 overhead resistance. The cryptocurrency is recovering after falling above the $0.007 support. The altcoin is rising after breaking above the moving average lines. Buyers are hoping to push the altcoin to its previous high of $0.030. In recent price action, the aforementioned resistance has been unbroken since March 29. Today, the altcoin reached a high of $0.019 before falling back. CKB will continue to rise, staying above the moving average lines. CKB is the best performing cryptocurrency. The current price: $0.01438 Market capitalization: $656,577,104 Trading volume: $325,056,989 7-day gain: 72.26% Popcat Popcat (POPCAT) has moved sideways since June 26. The cryptocurrency has traded in a price range of $0.40 to $0.90. Today, the bullish momentum has broken the moving average lines and reached a high of $0.80. The uptrend is encountering initial resistance near the high of $0.80. The initial barrier has not been breached since August 25. The altcoin will fall below the moving average lines if it cannot hold its current high. If the first barrier is overcome, the market will rise to its previous high of $0.90. Otherwise, the current sideways trend will continue. POPCAT is the second highest performing cryptocurrency. The current price: $0.735 Market capitalization: $720,326,780 Trading volume: $68,565,602 7-day gain: 41.72% Quant Quant (QNT) is in a downtrend but has recently corrected upwards. On the…
Filed under: News - @ September 15, 2024 3:09 pm