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After the coin has spent close to six months in the discount zone, VeChain now aims for higher highs and higher lows as it heads into the premium zone. Toncoin also seems to be following the institutional order flow to the upside, as all price actions are well defined.
In response to the market’s movement into the bullish order block, MACD consolidates just below the zero line. The confluence of both the diagonal support and the bullish order block will most likely cause a massive expansion to the upside.
VeChain (VET/USD)
From the $0.020 demand zone, VET/USD rallied up for an ascending trendline. This rally continued until the $0.0340 supply zone was reached. Price was rebuffed at this zone and headed straight down into a discount just above the $0.020 support. The MA Cross ( 9-period, 21-period) indicates that the market’s direction is now bullish. Price is therefore expected to keep rallying until the bearish order block above $0.0340 resistance is reached.
VeChain (VET/USD)
Current Price: $0.02677
Market Capitalization: $1.94B
Trading Volume: $0.26B
7-day Gain: 11.37%
Toncoin (TON/USD)
Following the formation of the failure swing, as TON/USD failed to form a lower low, the market structure was shifted to the upside. As the price rallied toward the $2.200 resistance, a bullish order block was created. The current bullish phase was initiated by this bullish order block. The previous high at the $2.020 price level is likely to get invalidated as the price approaches the $2.960 supply zone.
Toncoin (TON/USD)
Current Price: $1.65
Market Capitalization: $2.01B
Trading Volume: $16.6M
7-day Gain: 10.40%
Tamadoge (TAMA/USD)
Tamadoge’s order flow remains bullish since market participants keep respecting the diagonal support. On November 4, TAMA/USD retested the $0.02580 price level as it surged upward. Currently, the market is heading toward diagonal support to create a mid-term low. Price is projected to hit this diagonal support inside the bullish order block before expanding massively to the upside.
Tamadoge (TAMA/USD)
Current Price: $0.03081
Market Capitalization: $31.36M
Trading Volume: $2.75M
7-day Gain: 8.89%
The IMPT Presale Is Still Ongoing
The main goals of the Impact Project remain to act as a bridge between the ESG sector and the cryptocurrency industry, as well as to reform the way carbon credits are handled. In just a few weeks, more than $12 million has been raised, and the IMPT presale is still ongoing.
The Dash 2 Trade Token Price Is Currently Reasonable
Despite the quick sale, D2T is still reasonably priced. To date, $5 million has been raised for platform expansion.
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