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Scade alle 2024-05-20 09:02:13

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#Altcoins👀🚀 #REZ Buy some here - DCA to the low It's a gem for next bullrun. See u in 6 months. $REZ

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#Altcoins👀🚀 🤞 Altcoins are on a trend line that has been in place for 5 years and are also at the bottom of the KC-Channel. This has happened 3 times so far and each time the market has risen rapidly in the following months. An opportunity that only arises every few years. $SUI $SKL $SOL

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Will the AAVE price manage to stay within the range and breach above the range? The AAVE price has been maintaining a steep ascending trend, regardless of the frequent bearish interference. After withstanding immense selling pressure in the first few days of the month, the token triggered a strong ascending trend and entered the pivotal resistance zone between $104.64 and $106.26. However, the bears have begun their activity, intending to drag the levels below the range. Will the AAVE price manage to stay within the range and breach above the range? As observed in the above chart, the AAVE price has been trading within a rising parallel channel and has just surged above the pivotal 200-day MA at $99.53. These levels are considered to be pretty important as they elevate the possibility of testing the upper resistance of the channel, which is close to $120. However, the DMI remains neutral despite having undergone a bullish crossover, which signals the possibility of a bearish pullback. In such a case, the AAVE price may remain under bullish influence until it sustains within the gained resistance zone or else hold the 200-day MA if bears exert some pressure. Therefore, the next few hours may be pretty important for the rally, as a drop below $99.5 may invalidate the bullish possibility for some days. However, the selling volume remains restricted within a range, which has kept up the bullish hopes to achieve the upper resistance close to $120 in the coming days. $AAVE

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Stacks (STX) With a healthier bullish cycle at play, the STX price reveals a stronger demand. The Stacks token price surpasses the $1.54 mark and challenges the 20D EMA. Within a falling channel at play, the STX price has increased by 25.69% in the last 9 days. As the broader market bounces back, the altcoin shows increased breakout chances with the rising demands. A breakout run in the STX price will pump to the $1.8720 horizontal level before pumping the altcoin price to $2.5144.$STX

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Ethena (ENA) Price Analysis: Despite recording a bullish start, this altcoin has recorded a strong bearish action over the past month by losing approximately 21%. Moreover, the Ethena price has recorded a new ATL of $0.2278 during this bear market correction. Notably, it is presently trading at a discount of 79.13% from its previous ATH. The technical indicator, MACD, displays a minor rise in the green histogram in the 1D time frame. Further, the averages show a bullish convergence, highlighting increased price action for the altcoin in the crypto space. If the market breaks its resistance trendline, the ENA price will head toward its upper resistance level of $0.60 in the coming time. However, in case of a pullback, the Ethena price will retest its crucial support level of $0.225. $ENA

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