Here’s a concise technical analysis and trade signal for each cryptocurrency, along with three target levels and trade momentum:
1. $WAN
(Wanchain)
Current Price: $0.2649
Trade Signal: Bullish (upward momentum)
Technical Indicators:
RSI: 60 (Neutral, trending upward)
$MACD: Bullish crossover
Support Level: $0.2450
Resistance Level: $0.2700
Target Levels:
1st Target: $0.2800 (near short-term resistance)
2nd Target: $0.3000
3rd Target: $0.3200 (longer-term resistance)
Momentum: Moderate bullish trend. Watch for a breakout above $0.2700 for further upside potential.
2. $ZRX
(0x)
Current Price: $0.6332
Trade Signal: Bullish (upward momentum)
Technical Indicators:
RSI: 63 (Neutral, approaching overbought)
MACD: Positive momentum, bullish cross
Support Level: $0.6000
Resistance Level: $0.6500
Target Levels:
1st Target: $0.6600 (immediate resistance)
2nd Target: $0.6800
3rd Target: $0.7100 (key resistance)
Momentum: Positive momentum, but cautious at overbought levels. A consolidation above $0.6500 will confirm the next move up.
3. $FIRO
(formerly Zcoin)
Current Price: $1.57
Trade Signal: Bullish (upward momentum)
Technical Indicators:
RSI: 62 (Neutral, but in bullish range)
MACD: Bullish crossover, above signal line
Support Level: $1.50
Resistance Level: $1.60
Target Levels:
1st Target: $1.65 (immediate resistance)
2nd Target: $1.75
3rd Target: $1.85 (long-term resistance)
Momentum: Strong bullish momentum. A breakout above $1.60 should lead to further gains.
Overall Market Sentiment:
All three cryptocurrencies (WAN, ZRX, FIRO) show bullish momentum, with moderate to strong upward trends. Watching for breakouts above key resistance levels is crucial for confirming continued gains. Consider trailing stop-losses as prices approach higher targets.
#USUALSpotLaunch #MarketMajorComeback #BTCReclaims101K #MicroStrategyVsNasdaq