Bitcoin

Rise

Celestia

<p>The post <a href="https://coinpedia.org/price-analysis/these-altcoins-aim-to-recover-50-of-their-losses-this-month-after-initiating-a-20-rise/" rel="noopener noreferrer nofollow">These Altcoins Aim to Recover 50% of Their Losses This Month After Initiating a 20% Rise&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Although the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> has displayed some weakness in the recent past, the values appear to have stabilised within a range. This has also impacted the second-largest token, Ethereum, which has managed to hold above $3000 as bears remain passive.&nbsp;</p>
<p>As the ETH price displays strength, the Ethereum-based tokens and some of the other altcoins like Celestia (TIA) &amp; Sei (SEI) show huge potential to remain elevated throughout the week. Moreover, if they succeed in closing the weekly trade on a bullish note, the end of the month may witness a huge price action.&nbsp;</p>
<h2 class="wp-block-heading" id="h-celestia-tia-price-analysis">Celestia (TIA) Price Analysis</h2>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeCa2fIvQaSNa2XYrRNIWLesnrnk8pKR-fBjpTPclFgl2r8xPQ3C25J44f5AsuBDQ6YamN0D0WYNiHBXYQ88oWQCeHr_7fDnzqqRejVMbcEprDoIO8vzsXrn4yT9CuQ-V_2x3xaz20IT_9fxLQLB0M029cl?key=QDZO8NZ68fOb78K77429KQ" alt="">
</figure>
<ul>
 <li>After bottoming out hard, the TIA price has triggered a rebound after fighting the bearish activity&nbsp;</li>
</ul>
<ul>
 <li>The token is not expected to print huge bullish candles hereafter but maintain an ascending consolidation</li>
</ul>
<ul>
 <li>The DMI suggests a trend reversal which has been initiated could be intensified as the +Di &amp; -Di are due for a bullish crossover but the ADX is close to initiating a plunge</li>
</ul>
<ul>
 <li>The volume has risen, indicating growing trading activity, which may keep up the volatility</li>
</ul>
<ul>
 <li>Therefore, the TIA price is expected to maintain an ascending consolidation to rise above the double-digit figure and reach the upper resistance at $11</li>
</ul>
<h3 class="wp-block-heading" id="h-sei-sei-price-analysis">Sei (SEI) Price Analysis</h3>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdg1qV49GRmYF43eZnDHC4W8Jz2UVn1Ilhbzwa883b2JdaXql55SXA0_gC5me18a4G1oTi6-s5lfJTCPlLUSwgGnntuXfVQ1dUt991YcXnBCnr7-p5FM_w1luocdJ0BNB1emBy-3ybXZUGeNqOVPaSOloq2?key=QDZO8NZ68fOb78K77429KQ" alt="">
</figure>
<ul>
 <li>The SEI price has triggered a strong rebound after hitting the lower support of the falling wedge</li>
</ul>
<ul>
 <li>The RSI is about to rise above the descending trend line, which has been acting as a strong support since the beginning of the year</li>
</ul>
<ul>
 <li>This suggests the price could keep up a strong elevated trend and reach the upper resistance zone between $0.43 and $0.45</li>
</ul>
<ul>
 <li>The token may face a minor pullback and remain consolidated for a while, followed by a bullish breakout towards the upper initial target close to $0.6, surpassing $0.58.&nbsp;</li>
</ul>

These Altcoins Aim to Recover 50% of Their Losses This Month After Initiating a 20% Rise

목차

CoinPedia News

2024년 7월 9일에 게재된 다른 기사

Impending Tax Reforms Stir Concerns in France’s Cryptocurrency Market

Consensys Wallet Guard Promises Enhanced MetaMask Security as Web3 Users Hit 10 Million in Q2

MoonBag (MBAG) Listing on LBank: Your Gateway to a Stellar Crypto Investment

Bitcoin Dominates Australia’s Crypto Market

XRP Battles Turbulence Amid 237M XRP Whale Transfers, $1 Still Possible?

Ethereum Token Rollblock Unaffected By Crypto Crash As Price Ready To Jump Again, NEAR and ATOM P...

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!