With Bitcoin Recovering to $20,000, Where Are XRP, TAMA, QUACK, TRON, and LUNC Headed in Short- to Mid-Term?

The total cryptocurrency market capitalization increased by +4.98 in the last 24 hours to $956.75 billion. Out of more than 20,000 digital assets tracked by CoinCodex, 94% traded in the green zone, while the remaining 6% changed hands in the red zone on October 14, 2022.

Today, we are taking a look at XRP (XRP), Tamadoge (TAMA), Rich Quack (QUACK), TRON (TRX), and Terra Classic (LUNC) to see where they could be headed in the next 5 to 30 days.

XRP price is expected to increase by +4.21% in the next 5 days, according to our price prediction algorithm

The dotted line on the XRP chart shows the asset’s expected price movement in the next 5 days based on the CoinCodex algorithm.

However, in the mid-term, there could be some bearish activity on the horizon. Case in point, in the next 30 days, the price of XRP is projected to decrease by -30.98% and hit $0.345800 on November 13.

30-day XRP price prediction chart.

XRP price analysis: 72% of technical indicators signal bullish activity

In total, 21 technical analysis indicators are indicating bullish behavior, and 8 are forecasting bearish activity as of October 14 at 11:00 UTC.

The Relative Strength Index (RSI 14), which helps inform investors whether an asset is overbought or oversold, is currently at 53.75, suggesting that XRP is currently neutral (not overbought or oversold).

Moreover, XRP is currently trading above the 50-day Simple Moving Average (SMA 50) trendline, which signals bullish activity. Shifting to a longer time scale, the 200-day Simple Moving Average (SMA 200) trendline shows that the XRP markets are currently bullish.

TAMA price is expected to increase by +96.13% in the next 5 days, according to our Tamadoge price prediction

Tamadoge price analysis: 50% of technical indicators signal bullish activity

In total, 7 technical analysis indicators are indicating bullish behavior, and 7 are forecasting bearish activity as of October 14 at 11:11 UTC.

The Relative Strength Index (RSI 14), which helps inform investors whether an asset is overbought or oversold, is currently at 53.54, suggesting that TAMA is currently neutral (not overbought or oversold).

There is currently not enough market data available to produce the 50-day Simple Moving Average (SMA 50) and 200-day Simple Moving Average (SMA 200) trendlines.

QUACK price is expected to decrease by -8.17% in the next 5 days, according to our Rich Quack price prediction

The dotted line on the Rich Quack chart shows the asset’s expected price movement in the next 5 days based on the CoinCodex algorithm.

On a longer time scale, the price of QUACK is expected to shed -52.98% and hit $0.000000001261 on November 13.

30-day QUACK price prediction chart.

Rich Quack price analysis: 66% of technical indicators signal bullish activity

In total, 23 technical analysis indicators are indicating bullish behavior, and 6 are forecasting bearish activity as of October 14 at 11:22 UTC.

The Relative Strength Index (RSI 14) is currently at 85.45, suggesting that QUACK is currently overbought.

Furthermore, Rich Quack is currently trading above the 50-day Simple Moving Average (SMA 50) trendline, which signals bullish activity. Shifting to a longer time scale, the 200-day Simple Moving Average (SMA 200) trendline shows that the QUACK markets are currently bullish.

TRX price is expected to decrease by -1.31% in the next 5 days, according to our TRON price prediction

The dotted line on the TRX chart shows the asset’s expected price movement in the next 5 days based on the CoinCodex algorithm.

In the next month, however, TRON is expected to experience significant bullish activity – by November 14, TRX is projected to improve by +15.45% and hit $0.071309.

30-day TRX price prediction chart.

TRON price analysis: 32% of technical indicators signal bullish activity

In total, 9 technical analysis indicators are indicating bullish behavior, and 19 are forecasting bearish activity as of October 14 at 11:29 UTC.

The Relative Strength Index (RSI 14), which helps inform investors whether an asset is overbought or oversold, is currently at 45.71, suggesting that TRX is currently neutral (not oversold or overbought).

Moreover, TRON is currently trading below the 50-day Simple Moving Average (SMA 50) trendline, which signals bearish activity. Shifting to a longer time scale, the 200-day Simple Moving Average (SMA 200) trendline shows that the TRX markets are currently bearish.

LUNC price is expected to decrease by -17.09% in the next 5 days, according to our Terra Classic price prediction

The dotted line on the Terra Classic chart shows the asset’s expected price movement in the next 5 days based on the CoinCodex algorithm.

The 30-day outlook for LUNC was not included due to a software bug rendering longer term LUNC price predictions inaccurate.

LUNC price analysis: 28% of technical indicators signal bullish activity

In total, 8 technical analysis indicators are indicating bullish behavior, and 21 are forecasting bearish activity as of October 14 at 11:37 UTC.

The Relative Strength Index (RSI 14) is currently at 21.29, suggesting that LUNC is currently oversold.

In addition, Terra Classic is presently trading below the 50-day Simple Moving Average (SMA 50) trendline, which signals bearish activity. Shifting to a longer time scale, the 200-day Simple Moving Average (SMA 200) trendline shows that the QUACK markets are currently bearish.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.