Despite inconsistent rises in the broader market, DOT tested its immediate support levels a few times in the past few days, a result that suggested it might finally be breached soon. XMR saw a sideways movement with trading volume down 19.28% in the past 24 hours. Finally, ATOM gave an overbought signal on the chart with market capitalization rising 12.55%.
DOT was among those cryptos that didn’t bounce back much from the June crash. At press time, the altcoin hadn’t made up all of its losses, trading at $ 15.47 after rising 3.7% in 24 hours.
The altcoin has already tested the USD 14 support level a number of times, and given its price level at press time, if the coin is back in a downtrend it could soon reach the USD 14 support level.
Purchasing power has increased in the last 24 hours as the Relative Strength Index noticed a small upward trend at the time of writing. This also reduced the pressure to sell somewhat. The Parabolic SAR coincided with the price increase, with the dotted lines under the candles.
In terms of volatility, that is Bollinger bands registered a slight convergence, suggesting that the cryptocurrency may experience decreased price volatility in the next trading sessions.
Monero’s price move was also directionless as the crypto consolidated between the support level of $ 200 and the resistance level of $ 225. At press time, the Alt was trading at $ 213. With daily gains of 4.6% and weekly gains of 8.2%, Monero was at the end of a downward trend from its pre-June 21st price levels despite some recent price hikes.
On the Great oscillator, the alt marked the beginning of bullish momentum as green lines were seen under the indicator. In the event of a further rise, the next resistance level to watch out for would be $ 225. The Parabolic SAR highlighted an uptrend for XMR, with crypto making slight gains over the past 24 hours.
The MACD Lines met after a bearish crossover while the Histogram projected a bullish signal with green bars visible on the indicator.
ATOM has been on an upward trend since June 26th. However, a few days ago it began to consolidate between its immediate support and resistance levels. ATOM’s price rose 22.8% last week and was trading in the green as of press time. If the price doesn’t drop any further, the Alt will likely test resistance at $ 14.60.
ATOM’s technical indicators pointed to short-term bullish momentum for the next few days as it attempted to break the $ 14.60 resistance level. If the price goes down, the region of support for the crypto asset could be $ 8.70.
The Great oscillator spelled bullish sentiment as the green bars were spotted above the zero mark. There was a bullish crossover on July 3rd, like on the MACD Indicator.
The Stochastic RSI signals that ATOM is heading for the overbought zone.
Subscribe to our Newsletter