Global crypto market cap had fallen to $ 1.3 trillion at press time, with the same note a 9.4% Decrease in the last 24 hours. The price of Monero, for example, depreciated by almost 10%, despite the fact that the coin was in the green at the time of going to press. AAVE’s charts showed a downtrend for most of the month, while THETA eventually fell 9% despite the price rally over the past few days.
Monero was trading in the green at $ 192 at press time. However, it only broke its USD 200 support level a day ago and the volatility of the old has been choppy lately. The price of the coin fell 9.6% in the past 24 hours and it saw a nearly 28% drop in the last week.
The coin has been in place since the 4th
The Bollinger bands indicated that price volatility could increase in the next trading sessions as the bands looked divergent at press time. Interestingly, that is Relative Strength Index noticed a tiny spike away from the oversold mark, suggesting selling pressures eased on June 26th. Recently, the number of sellers in the altcoin market has increased compared to buyers.
On the Great oscillator, a bearish signal could be found with the alt moving in a bearish market.
AAVE has been on a sustained downtrend since June 4th and has rarely shown signs of recovery. In fact, after every brief price correction, the crypto saw a price drop. A month ago the old price was $ 416 and has fallen 54% since then. If there is a possibility of an uptrend, the altcoin could face resistance at $ 230.
As for fluctuations, so Bollinger bands expanded in the charts. The Relative Strength Index was pictured staying near the oversold and undervalued zone. However, at the time of this writing, the indicator noted a tiny decrease in selling pressure.
The MACD and signal lines were too close together and no clear trend could be displayed.
THETA is down 7.7% in the past 24 hours. After a few days of consolidation between the USD 6.45 support and the USD 7.25 resistance level, the Alt moved south. At the time of going to press the Bollinger bands opened slightly, indicating that the price could continue to fluctuate. In the event of further price drop, the support level to look out for would be $ 5.98.
The Chaikin money flow on the 4-hour trading chart showed that capital inflows had increased only marginally. However, the capital outflows were still quite substantial.
Finally, that Stochastic RSI watched that the cryptocurrency was moving with bearish momentum and that there was a bearish crossover in the early hours of June 26th. However, since it was below 20, a pullback can be expected.
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