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NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here?


by CoinEdition
NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here?
  • NEO’s overbought status could drive the price down, while LTO’s price might trade between $0.23 and $0.25.
  • TON’s price might pull back to $6.11 but the Fibonacci indicator suggested a rise to $9.56.
  • With increasing buying momentum and money flow, ENA might jump to $1.50.

In the last 24 hours, the total crypto market capitalization jumped by 3.59% and hit an incredible $2.68 trillion. As expected, the prices of many cryptocurrencies increased. However, one notable observation was how many altcoins rallied impressively within the same period.

For example, Neo (NEO) jumped by 38.36%. Toncoin (TON) flipped Cardano (ADA) after its price increased by 27.92% to become the 9th most valuable cryptocurrency. 

LTO Network’s (LTO) price increased by 7.24% while its trading volume spiked, indicating high interest in the token. Recently-launched Ethena (ENA) was another token pumped as its price rallied by 16.34%. Here’s what led to the hikes from a technical perspective and how far the prices can move.

NEO

NEO’s price at press time was 21.47. On the 4-hour chart, a bullish engulfing candle appe…

The post NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here? appeared first on Coin Edition.

Read the article at CoinEdition

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NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here?


by CoinEdition
NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here?
  • NEO’s overbought status could drive the price down, while LTO’s price might trade between $0.23 and $0.25.
  • TON’s price might pull back to $6.11 but the Fibonacci indicator suggested a rise to $9.56.
  • With increasing buying momentum and money flow, ENA might jump to $1.50.

In the last 24 hours, the total crypto market capitalization jumped by 3.59% and hit an incredible $2.68 trillion. As expected, the prices of many cryptocurrencies increased. However, one notable observation was how many altcoins rallied impressively within the same period.

For example, Neo (NEO) jumped by 38.36%. Toncoin (TON) flipped Cardano (ADA) after its price increased by 27.92% to become the 9th most valuable cryptocurrency. 

LTO Network’s (LTO) price increased by 7.24% while its trading volume spiked, indicating high interest in the token. Recently-launched Ethena (ENA) was another token pumped as its price rallied by 16.34%. Here’s what led to the hikes from a technical perspective and how far the prices can move.

NEO

NEO’s price at press time was 21.47. On the 4-hour chart, a bullish engulfing candle appe…

The post NEO, TON, LTO, and ENA Prices Skyrocket: Is Altcoin Season Here? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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Analysts remained optimistic saying they expect new lifetime highs in BTC and outsize...
XRP Climbs Into Global Top 100 Assets List Ahead of HDFC Bank, Citigroup

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XRP has rejoined the list of the world’s top 100 assets by market capitalization, sec...