Cryptos Less Than $500B Market Cap Show Acute Strength, WLD, AGIX, & AUDIO Prices Rise Dramatically!
Feb, 17, 2024
2 min read
by Coinpedia
The post Cryptos Less Than $500B Market Cap Show Acute Strength, WLD, AGIX, & AUDIO Prices Rise Dramatically! appeared first on Coinpedia Fintech News
The market participants appear to have shifted their focus to the cryptos with less than $500 billion as the tokens manifest acute strength. No sooner than Livepeer manifested a giant rise, the other cryptos like Worldcoin, Singularity, Audius, etc. and many more have been recording a double-digit jump. With the expectation of a continued bullish trend, these tokens are also expected to soon jump into the top 100 lists.
Worldcoin (WLD) Price Analysis
The Worldcoin price regained its position within the rising parallel channel with the latest bullish push of over 110% from the monthly lows
The RSI has reached overbought levels and is displaying the possibility of a bearish divergence, which could hinder the progress of the rally for a while
The bears appear to have been stationed at 1 FIB level at $4.65, due to which the bulls are having some trouble clearing the resistance. As a result, a minor pullback to the average bands may be fast approaching
Following a rebound, the WLD price could not only surpass 1 FIB but also breach the upper resistance of the channel to reach 1.2 FIB at $5.88 in the next couple of days.
Singularity (AGIX) Price Analysis
After rebounding from the lows, the AGIX price appears to have gained significant momentum, which has elevated the levels to new yearly highs
The token has surpassed the crucial resistance at $0.35 with immense power as the bears had captivated the levels, which caused multiple rejections in Q4 2023
However, the StochRSI is trading flat within the upper range which suggests the bulls have held a strong momentum but may see a minor pullback as they face some exhaustion
With this, the Singularity price may drop to the interim support, which may further propel the price towards the upper resistance of the expanding megaphone and eventually trigger a breakout from the consolidation to rhea beyond $0.6
Auduis (AUDIO) Price Analysis
The Auduis price has undergone a parabolic recovery but failed to reach the neckline as the bears have been displaying acute strength
The price has rebounded from the lower Gaussian channel and surpassed the upper resistance, suggesting a trend reversal which may be in favour of bulls
Besides, the daily MACD underwent a bullish crossover, indicating a rise in buying pressure
Hence, the AUDIO price is expected to hover for a while around the present range and after some accumulation, it may test the upper resistance zone and surpass it, validating the beginning of a fresh bullish trend
Cryptos Less Than $500B Market Cap Show Acute Strength, WLD, AGIX, & AUDIO Prices Rise Dramatically!
Feb, 17, 2024
2 min read
by Coinpedia
The post Cryptos Less Than $500B Market Cap Show Acute Strength, WLD, AGIX, & AUDIO Prices Rise Dramatically! appeared first on Coinpedia Fintech News
The market participants appear to have shifted their focus to the cryptos with less than $500 billion as the tokens manifest acute strength. No sooner than Livepeer manifested a giant rise, the other cryptos like Worldcoin, Singularity, Audius, etc. and many more have been recording a double-digit jump. With the expectation of a continued bullish trend, these tokens are also expected to soon jump into the top 100 lists.
Worldcoin (WLD) Price Analysis
The Worldcoin price regained its position within the rising parallel channel with the latest bullish push of over 110% from the monthly lows
The RSI has reached overbought levels and is displaying the possibility of a bearish divergence, which could hinder the progress of the rally for a while
The bears appear to have been stationed at 1 FIB level at $4.65, due to which the bulls are having some trouble clearing the resistance. As a result, a minor pullback to the average bands may be fast approaching
Following a rebound, the WLD price could not only surpass 1 FIB but also breach the upper resistance of the channel to reach 1.2 FIB at $5.88 in the next couple of days.
Singularity (AGIX) Price Analysis
After rebounding from the lows, the AGIX price appears to have gained significant momentum, which has elevated the levels to new yearly highs
The token has surpassed the crucial resistance at $0.35 with immense power as the bears had captivated the levels, which caused multiple rejections in Q4 2023
However, the StochRSI is trading flat within the upper range which suggests the bulls have held a strong momentum but may see a minor pullback as they face some exhaustion
With this, the Singularity price may drop to the interim support, which may further propel the price towards the upper resistance of the expanding megaphone and eventually trigger a breakout from the consolidation to rhea beyond $0.6
Auduis (AUDIO) Price Analysis
The Auduis price has undergone a parabolic recovery but failed to reach the neckline as the bears have been displaying acute strength
The price has rebounded from the lower Gaussian channel and surpassed the upper resistance, suggesting a trend reversal which may be in favour of bulls
Besides, the daily MACD underwent a bullish crossover, indicating a rise in buying pressure
Hence, the AUDIO price is expected to hover for a while around the present range and after some accumulation, it may test the upper resistance zone and surpass it, validating the beginning of a fresh bullish trend