Moeda Binance slid to $240, but was recovering back towards $277 once again, with the alt recording higher lows on the way. Further down the crypto-ladder, Cosmos broke out past $21.3 and a dip to $21.4 was quickly bought up. Finally, Dogecoin was in a short-term stasis.
Binance Coin [BNB]
Fonte: BNB/USDT on TradingView
BNB has been somewhat indecisive in the markets over the past few days. There was a bearish retest of $280 a few days ago, and BNB sank to test $240. Subsequently, BNB saw a bounce to $257 and another move to $277, and recent hours saw the price confirm $257 as a level of support.
O Awesome Oscillator showed that momentum was not pronounced in either direction. The flip of $257 to support underlined some strength on the part of the market’s bears, and the next couple of days could see BNB retest $277 once more.
In the near future, a rejection at $277 followed by the formation of a higher low for BNB would be an indication of bullish intent.
Cosmos [ATOM]
Source: ATOM/USD on TradingView
ATOM was bouncing between the $18 and 21.3-levels since early March. The past 24 hours saw ATOM break out past $21.3 with strong volume to reach $24.4. ATOM was forced to correct after the strong move, however, but momentum was still firmly in bullish hands.
O RSI was at 59, at the time of writing, while the Stochastic RSI had corrected itself from the overbought zone. ATOM saw a candlewick down to $21.47 that was pushed up a few hours ago as the session closed green, showing that there was demand for ATOM near the $21.3-support level.
The $23.38 and $25.16-levels will be the next resistance levels for ATOM.
Dogecoin [DOGE]
Fonte: DOGE/USDT on TradingView
O Bollinger Bands Width Indicator has been dropping over the past two days, with DOGE finding a temporary equilibrium between buyers and sellers at $0.0575. The Chaikin Money Flow highlighted no net capital flows favoring either the buying or selling side, reaffirming the neutral momentum of DOGE in the markets.
The double rejection just above $0.06 over the past ten days for DOGE was a dent to bullish sentiment. As always, a significant trading volume is the best indication of a strong move for DOGE, and at the time of writing, that volume was insignificant.
