Crypto Fear and Greed Index stood at 90, the identical worth as yesterday. Bitcoin Cash and Stellar Lumens noticed heightened volatility up to now few days however have been capable of register good positive aspects in the identical time interval. Dogecoin additionally made positive aspects in latest days however its bullish momentum may very well be weakening.
Bitcoin Money [BCH]
The ascending trendline (white) confirmed that BCH has been forming a collection of upper lows, indicative of an uptrend. However the newest buying and selling periods noticed losses for BCH, because it examined $265 as resistance and was rejected to the draw back.
The MACD fashioned a bearish crossover above the zero line, indicating weakening bullish momentum.
The cyan arrow indicated that the previous few buying and selling periods noticed very low quantity, and this indicated that promoting strain was not but overwhelming.
It’s attainable BCH bounces off the ascending trendline. Therefore, a detailed at or beneath $256 could be considered bearish for BCH, whereas one other bounce upward might threaten to interrupt previous resistance at $265.
Stellar Lumens [XLM]
XLM bounced between assist at $0.079 and resistance at $0.082 up to now couple of days. There was a bullish divergence seen between the Stochastic RSI and the value.
This might take XLM previous resistance at $0.082, however the earlier rise previous the $0.082 stage noticed a drop with large momentum for XLM.
XLM must breach and retest $0.082 to flip the extent to assist. This may point out that the bears have been crushed again momentarily. XLM can be closely influenced by Ethereum’s transfer and may mirror a surge, or drop, in worth for ETH.
The RSI for DOGE was rising again towards bullish territory, but the value confronted resistance on the $0.0028 stage. An increase previous that will see DOGE face resistance at $0.00285.
Whereas DOGE fashioned larger lows on its latest climb, it has to shut above the newest excessive at $0.00278 to protect a bullish outlook.
If DOGE confronted rejection at any of the aforementioned ranges, it may be anticipated to drop as little as $0.00272, or assist at $0.00268.