Injective

Bitcoin

Toncoin

PEPE

<p><a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noreferrer noopener">Bitcoin price</a> has been stuck around a range as the bulls are constantly failing to elevate the levels beyond. While the market dynamics have favoured the bulls ever since the rebound from the levels below $55,000, what’s stopping the BTC price from rising above the 200-day MA and securing the levels above $64,000?&nbsp;</p>   
<p>While Bitcoin remains stuck below the 200-day MA, these altcoins are also trading just below the same resistance. Hence, a bullish breakout above the range may help the BTC price to secure new local highs at $65,000, while the below-mentioned altcoins are also believed to rise above their respective 200-day MA.&nbsp;</p>   
<h2 class="wp-block-heading" id="h-pepe-pepe-nbsp">Pepe (PEPE)&nbsp;</h2>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc3IxQl43fgGBZsqVtOfnMwyratVLNIK2EL9oa0nHuOuD8PyOgyqoPqq1FRMwuXbPNv7z2PvCo3wZ-F3TM4kLwC63DpcdFDaC8dgKa6JbDSAr--T6h6vmqfBpEnpiVSNYzbF2n_sDkAsz8Cgbvqn6rjBz8p?key=NFXPr7TxFw9K0Di1MHZefg" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The <a href="https://coinpedia.org/price-prediction/pepecoin-pepe-price-prediction/" target="_blank" rel="noreferrer noopener">PEPE price</a> remains extremely bullish after breaking out from a decisive symmetric triangle and is approaching a crucial resistance</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The price is trading close to the pivotal resistance at the 200-day MA at $0.00000934 and hence a rise above these levels may validate a move above $0.00001</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The RSI remains elevated after a rebound from the lower range, hence validating the bullish narrative&nbsp;</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The trade set sup does not reflect a bearish possibility and hence the PEPE price rally is expected to close the monthly trade on a bearish note, above the 200-day MA</li> 
</ul>   
<h3 class="wp-block-heading" id="h-toncoin-ton-nbsp">Toncoin (TON)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeQwHvGjeV6DrXvu6JcZ3WFhTVyN1I7DY9CSLNQwGw8iM_GvN21baNChFaTkZ7uP64kNvxoeDJNgOaA9TTfbViJjNZ-ZnkF9TFGCSsinOBDhZ8pC1qa8Ab6mgwtZYlB4qtPJ50rhw1oHInuax3TXXrsuvWq?key=NFXPr7TxFw9K0Di1MHZefg" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The drop that occurred during the first few days of the month compelled the price to plunge below the ascending triangle and also the 200-day MA</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>However, after triggering a fine recovery, the price has risen close to both of these levels, while it appears to be stuck at a resistance below them.</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Meanwhile, the RSI remains elevated and is trying hard to rise above the interim highs around 55, which may offer a fine boost to the rally</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the Toncoin price is believed to reclaim its levels within the triangle and reach the apex to trigger a breakout from the edge to reach a double-digit figure soon</li> 
</ul>   
<h3 class="wp-block-heading" id="h-injective-inj-nbsp">Injective (INJ)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeTLz4GJJLFpNDkVfw0WcGKLnbvUoKARw10BU4MGz1E5gp6znnDQ7dSUPBOW1dJnrodDyOd5ERimm6m40HK4ZRtD34PQpOOf4mk73i_5IbY1HSiGAvsbkJgtfArBeGjbI0zbjY6AR24xwZN1gpFBn5ehtSr?key=NFXPr7TxFw9K0Di1MHZefg" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>After trading finely within the falling wedge, the Injective price triggered a breakout and surged by nearly 30%&nbsp;</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Regardless of this move, the price failed to surpass the pivotal resistance at the 200-day MA at $31.26, while the bulls remain poised to push the price above these levels</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The elevated RSI is about to reach the upper threshold that poses some risk for the rally, carrying some possibility of a pullback</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>However, if the INJ price secures the levels at the 200-day MA, then it may offer a strong base above which the token may trigger a fresh ascending trend</li> 
</ul>   
<h3 class="wp-block-heading" id="h-sei-sei-nbsp">Sei (SEI)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXctE94ei6nBwQrWRuszX27ox9sYyxv7FVxFKM8651TcApdrAZur6Mp0TezM9o2FSxR1HND5xNBJ0eRmQvkI2UAqB4FHMDrUF2vlfUfTRTtttaXSBU_hSJmO4GupI-JjeIE3nQo7E9zMN2rsv65ALaOvmaU?key=NFXPr7TxFw9K0Di1MHZefg" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>Similar to Bitcoin, the Sei price is failing to surpass the crucial 200-day MA as it remains stuck below the range</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>As the likelihood of rejection is pretty low, the SEI price is expected to remain consolidated within the resistance zone between $0.435 and $0.45 for a while</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The RSI surged and entered the overbought zone, which may revive the possibility of a pullback, but the support at $0.4 may hold the rally</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the SEI price appears to be poised to maintain a strong ascending trend ad break above the 200-day MA during the weekend</li> 
</ul>   
<h3 class="wp-block-heading" id="h-solana-sol-nbsp">Solana (SOL)&nbsp;</h3>   
<figure class="wp-block-image">
 <img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfIvs_AWevqlVSiA3iaPG6jHYJFIDaxf9ZOful8CSuG0OeJuwFQRG0JVP_fsdIBrHU197rIqgDLlv6SxxP49sZv4hA7AJhqORGGqEbvqx_Fw3cZp-CVfCRfDXCemflxTUu4lDt0FKXKMU2kFFht5cPKlq-T?key=NFXPr7TxFw9K0Di1MHZefg" alt="">
</figure>   
<ul class="wp-block-list">
  
 <li>The <a href="https://coinpedia.org/price-prediction/solana-sol-price-prediction/" target="_blank" rel="noreferrer noopener">Solana price</a> is testing the 200-day MA, similar to Bitcoin, but failing to surpass it. Hence resulting in a horizontal consolidation around $150</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The bulls appear to be poised to maintain a steep ascending trend as the levels are stuck within the resistance zone between $151.17 and $153.44</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>The volume has flipped in favor of bulls and the rising RSI validates the bullish claim as the bears have been failing to drag the levels down</li> 
</ul>   
<ul class="wp-block-list">
  
 <li>Therefore, the SOL price is expected to rise above the 200-day MA only if the Bitcoin price makes a move beyond the range</li> 
</ul>

Coinpedia Fintech News

Table of Contents

CoinPedia News

Other articles published on Sep 26, 2024

Robinhood, Revolut eye entry into stablecoin market — Report

Weekly Article Recap: 9/09-9/13

PancakeSwap Announces Its First IFO On Arbitrum, Lunex 1,800% Price Increase Could Spark Bull Run

Ethereum Market Faces Instability from Large Sales

Nic Carter Claims Biden Administration Forced Silvergate Bank into Bankruptcy to ‘Decapitate’ Cry...

Why is Worldcoin (WLD) Price Up? This Crypto Trader Eyes 285% Pump

Join our free newsletter for daily crypto updates!