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The cryptocurrency market seems to be recuperating from the current downward trend. Toncoin has been in a bullish phase for weeks now, as buyers refuse to surrender the market to their counterparts. Just recently, SOL/USD created a bullish engulfing candlestick, which was a response to the piles of buy orders present in the daily rejection block.
The bulls also remain optimistic about Tamadoge as they await the price to retrace into the bullish order block on the hourly chart. The reaction of the MACD to the market’s momentum at the zero line shows that an expansion to the upside is impending.
Toncoin (TON/USD)
Beginning on the 19th of June, 2022, TON/USD has been in an uptrend. Even when being limited by the diagonal resistance, the market’s order flow remains bullish. The bulls’ intent became clearer as the price responded to the daily bullish order block at $1.110. According to the RSI indicator, Toncoin is currently in an overbought region. A retracement into the liquidity void is therefore expected for the price to keep rallying upward.
Toncoin (TON/USD)
Current Price: $1.820
Market Capitalization: $2.3B
Trading Volume: $30M
7-day Gain: 45.40%
Solana (SOL/USD)
A few days after SOL/USD broke the diagonal support, equal lows were formed. Buyers seem to be waiting for the price to sweep off the liquidity below this low and hit the daily rejection block before rallying upward. The reaction towards this rejection block shows the intent of the buyers to dominate the market. Since the RSI has yet to cross the 50.0 level, SOL/USD might break and retest the daily bearish order block (Daily-OB) as it continues to rally upward.
Solana (SOL/USD)
Current Price: $31.210
Market Capitalization: $11B
Trading Volume: $1.3B
7-day Gain: 4.20%
Tamadoge (TAMA/USD)
The 0.02270 support level remains repulsive to price as the market finds it difficult to successfully break it through. Currently, TAMA/USD seems unrelaxed in this triangular pattern as it breached the diagonal resistance across its highs. Coincidentally, the MACD also shows that the market is still consolidating as it gyrates within the zero line. Once the price successfully hits the bullish order towards the 0.02270 support, an explosive move to the upside is expected.
Tamadoge (TAMA/USD)
Current Price: $0.02420
Market Capitalization: $25M
Trading Volume: $4.92M
7-day Gain: -7.46%
IMPT
Currently, each token in the IMPT presale is selling at $0.018 in the first phase. The presale’s first stage will expire on November 25th, or when the token raises $10.8 million, whichever comes first. In the second stage, Impact tokens will be offered for sale for $0.023. And at the third stage, the asset’s price ought to rise even further.
The Dash 2 Trade presale is off to an excellent start, having already raised more than $2 million in just a few days. The price was only $0.0476 at the beginning, and it is currently $0.05. During the third presale phase, the price will rise to $0.0513.
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