Whilst the bear market season hasn’t ended, some coins have been performing well for weeks now. Some coins are also showing signs of change in the market trend to the upside. This shows that most bulls are beginning to have their hopes raised as they build up orders in demand zones.
Dogecoin has had a quick rally in the past few days, with over 100% returns made in less than one week. Dogecoin continues to rally as it keeps breaking market structure to the upside. Following the bullish divergence on Waves’ daily chart, the bulls stormed the market and never ceased to open more long positions.
The market’s downtrend ended in June 2022 when prices hit the $0.050 demand zone. Following the rebuff at the $0.090 supply zone, DOGE/USD fell, but only to consolidate within a range. The Relative Strength Index (RSI) indicator reveals that the market is currently in an overbought region. Therefore, a correction to the downside is expected for prices to keep rallying upward.
Current Price: $0.1354
Market Capitalization: $17.9B
Trading Volume: $14.8B
7-day Gain: 128%
Waves attained it’s local high in August 2022. Following this attainment, the price began to fall until the previous support at $4.3750 was reached. The price retraced briefly at this point and continued its downtrend with respect to emerging diagonal support. The MA Cross now indicates that the market’s overall trend is bullish. The breakout from the $3.6420 resistance conformed with the bullish divergence indicated by the RSI indicator. Therefore, WAVES/USD is expected to continue rallying upward until the $5.2630 supply is reached.
Current Price: $3.88
Market Capitalization : $0.41B
Trading Volume: $0.37B
7-day Gain: 22.7%
IMPT token, like many other new cryptocurrencies, began with a presale. During the presale, $10 million was gotten in less than a month. This allows the token to easily meet the $10.8 million presale target.
Dash 2 Trade is a signal platform for crypto traders. Its goal is to provide crypto traders with retail trading tools. To date, approximately $3 million has been gotten during the presale to meet this goal.
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