Altcoins such as Bitcoin SV and NEO remained unaffected by the upward trend in Bitcoin and Ethereum. Bitcoin SV plunged above the $ 165.89 resistance and NEO was trading near the $ 56.07 resistance level at its current price but remained consolidated. In contrast, DASH grew 17.6% to hit a multi-month high.
Bitcoin SV moved sideways on its four-hour chart. It was hovering around the same $ 167.11 level since yesterday after tumbling above the $ 165.89 resistance. If the coin stays at its current price level for more than a few more trading sessions, it could rest at $ 154.67 and $ 142.92, respectively.
The technique showed mixed trading signals for Bitcoin SV. Relative Strength Index remained bullish but threatened to fall below the midline. MACD showed red bars in the histogram, but they decreased.
Great oscillator showed green bars indicating that BSV might break up. If the above assumption is correct, the USD 174.39 resistance level could be retested.
NEO showed a consolidated movement. The alt was rejected at the resistance level of $ 56.27 but traded near the above mentioned level at $ 56.07. In the event NEO loses strength and falls below current price levels, it could find support at $ 49.45 and $ 41.16, respectively.
Great oscillator small red signal bars continued to flash, highlighting the consolidation. Likewise, MACD smaller red bars are shown in its histogram.
Bollinger bands strongly constricted, which indicates an area-bound movement of the coin. The coin is up 0.6% in the past 24 hours. If it sees higher gains, NEO could test the $ 59.77 resistance level twice this month.
DASH gained a remarkable 17.6% in the last 24 hours. The coin tipped above critical resistance at $ 251.83 and traded at $ 275.93, a price level it last hit on May 19th.
Should the current uptrend strengthen further, DASH could attempt to hit the $ 312.17 resistance level. The technical data remained optimistic for the altcoin. Great oscillator noticed heightened green signal bars indicating an upward movement in price.
MACD a bullish crossover and presented green bars in its histogram. Chaikin money flow saw an increase in capital inflows as the indicator was above the half-line. In the event of a decline, DASH finds support at $ 251.83.