At the time of writing, Polkadot is expected to step up to another ATH on the charts thanks to a strong bull cycle. BAT seemed likely to continue trading within a range as the balance between buyers and sellers in the market remained stable. Finally, IOTA was running out of trading volumes for a breakout north beyond the resistance level of $ 1.46.
Polkadot is trading above the $ 30 mark, at the time of writing, as its bull run continues to push the crypto price north on the charts. The uptrend was clear over the 4 hour period, with the cryptocurrency reaching higher highs and recording gains of over 80% in the past 30 days.
The CMF headed north above the midline and showed capital inflows to be strong as the DOT tries to reach a higher level in the coming sessions. In addition, the MACD line moved above the signal line, with the histogram noticed a decline in bullish momentum. However, the bulls could hold onto the support level of $ 29.5 even in a bearish scenario.
Basic attention token [BAT]
Even though the Core Attention Token looked bullish at the time of release, a rise above the resistance of $ 0.59 was unlikely as trading volumes and buying activity are not very visible . In fact, the market was in a state of equilibrium because the RSI was floating around the 50 mark. The $ 0.59 to $ 0.53 range is where prices could continue to trade before a stronger trend emerges.
The Awesome oscillator registered a single green bar and highlighted a potential change in momentum towards the buy side.
IOTA moved towards the $ 1 mark after a bearish double peak pattern formed on the Awesome oscillator. After the crypto price recovered from the aforementioned level, gains were capped at the resistance level of $ 1.46. At the time of writing, the Stochastic RSI looked at the overbought zone after a bullish cross.
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