Cryptos Less Than $500B Market Cap Show Acute Strength, WLD, AGIX, & AUDIO Prices Rise Dramatically!

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