Orange recommends the recent rising trend of the wealth coin:
OP
When BTC and ETH plummeted on the night of September 6, OP fell less, and did not even fall below the low point of September 4, which shows that the buying of OP is relatively strong.
Subsequently, OP rebounded and broke through the supply line, which shows that the downward trend of OP has ended and the upward trend will start in the near future.
Regarding the target position, OP/BTC has broken through the suppression of the short-term supply line and started to rise. Conservatively estimated, OP/BTC will rebound to the long-term supply line in February or March next year, with a target position of around 0.000061.
If BTC peaks in February or March next year, its target position will be around $115,000, then OP's target position will be close to $7.
The increase in the past 24 hours was 2.8%, and the increase in the past week was 19.8%
PEOPLE
Currently, it presents a multiple bottom pattern, indicating that the current price has strong buying support.
There is another dark horse in this round of bull market, but the recent trend is not satisfactory. Due to its large price fluctuations and unpredictable trend, investors in contracts and spot have suffered heavy losses on it. The risk is high and the return is great.
The friends in the car should pay more attention.
However, MEME concept currency is like this. Although the fluctuations are huge, it is still loved by many investors. Judging from past performance, People is definitely a strong currency!
It fell to 3.5% in the past 24 hours and rose 1.8% in the past week.
BEAM
After a short period of weak price movement, the price of Beam has soared 7.89% in the past 24 hours.
Despite a year-to-date return of -23.78%, this altcoin has gained significant traction in the past few days, indicating that the market's bullish sentiment on altcoins is rising.
The RSI indicator has recorded a sharp rise towards the midpoint and showed a bullish convergence in the BEAM price chart. In addition, the SMA also showed a similar trend, indicating an optimistic outlook for the next period of time.
If the market pushes the price above the $0.013525 resistance, BEAM price will be ready to test its maximum at $0.021475 in the coming weeks. On the other hand, if the bears regain momentum, the price could drop to new yearly lows.
