Global crypto market cap was $ 1.36 trillion, up 2% over the past 24 hours. Most of the altcoins saw some recovery, for example Bitcoin Cash saw its price jump 2.7% on the last day, UNI’s market cap jumped 10.27% and finally, at press time, DOT faced a bullish crossover at the 4-hour mark. Chart ahead.
After testing its crucial support level of $ 16.80, the coin fell to a low of $ 14.09 trading between its immediate resistance and its support level. At the time of this writing, DOT was trading in the red at $ 14.67.
If its price hike further, it could meet resistance again at $ 16.80. Bollinger bands remained parallel at the time of going to press, so prices were not exposed to high volatility.
MACD Histograms showed a bullish crossover on June 26th and at the time of writing the alt was trading in bullish momentum. Likewise on the Great oscillator Indicator, the coin marked the start of a bullish signal on June 26, which remained the same as of press time.
UNI saw price adjustments for a few days, after which it went back down. At press time, the coin was trading at $ 16.41 and prices had risen 2.6% in the past 24 hours. The Alt had fallen 17.6% in the past week.
Bollinger bands projected reduced price volatility as indicated by the parallel movement of the bands at the time of writing. Chaikin money flow showed a tiny increase, suggesting that capital inflows have increased slightly compared to capital outflows.
With limited price movement and the coin does not recover significantly, Parabolic SAR was showing a sustained downtrend at the time of writing as the dotted lines stayed above the candlesticks since June 25th.
BCH saw its price drop 16.7% last week. BCH traded green, trading at $ 459.37.
With the coin hovering between its immediate support and resistance levels, any further rise in prices could mean that BCH would test its resistance level. If the coin continues to fall, the next level of support would be at $ 514.50.
Bollinger bands stayed parallel and showed no further divergence at the time of going to press, suggesting low price volatility. Parabolic SARs dotted lines floated below the candlesticks which indicated an uptrend at the time of writing.
MACD Histograms on the 4-hour chart showed a bullish crossover on June 27th and the onset of bullish momentum.
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