Cardano broke through the $ 1 level and retested it as support, and looked at $ 1.34 as a target. Crypto.com Coin has ended a long period of accumulation and has erupted strongly in recent days. Synthetix could register losses in the coming hours.
Cardano [ADA]
Source: ADA / USDT on TradingView
ADA broke the $ 1 mark and retested it as support. Subsequently, ADA continued to climb and held a value of $ 1.11. The RSI was strongly in favor of the bulls. And the next target is the 27% extension level at $ 1.38.
Crypto.com coin [CRO]
Source: CRO / USDT on TradingView
CRO halted its downtrend and started trading in a range of $ 0.057 to $ 0.081, with importance levels between the highs and lows of the range shown on the chart. In recent weeks, the CRO has broken the range and retested the highs of the range before posting strong gains.
On the 4 hour chart, the 20 SMA (white) struggled to keep up with the displayed CRO gains. The volume of trade was significant, but not extraordinary. All in all, this indicates a strong upward trend.
The $ 0.13 and $ 0.115 could be good buying opportunities if CRO loses the $ 0.13 level.
Synthetix [SNX]
Source: SNX / USDT on TradingView
Synthetix drops below the $ 24 level and also the $ 23.1 region. The volume profile of the visible beach, was an area of intense commercial activity. Using the VPVR to plot the potential areas of strong support, we can see that under $ 23.1 the next level of importance is at $ 21.
The awesome oscillator has moved below the zero line to indicate bearish momentum, although green bars have been seen due to the rebound from the $ 22 bar. Chaikin’s money flow was above the value of +0.05 to denote a net inflow of capital into the SNX market – but that is likely to change if SNX is pushed back below $ 23.
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