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The Crypto Market appears to be generally grabbing sell-side liquidity. The bears are attacking lows left by the bullish rally.
A change in make direction was prominent in August. Many of the Cryptocurrencies switched from bullish to bearish at major supply zones on the daily chart.
Trust Wallet Token (TWT/USD)
TWTUSD has reacted off a confluence zone. The daily candles have ascended to retest both the bearish and bullish trend-line. Bulls have found difficulty to ascend beyond 1.160 since June. The Stochastic is oversold. The market is expected to resume its bearish trend to dive towards the support level of $0.540.
Trust Wallet Token (TWT/USD)
Current Price: $1.06
Market Capitalization: $441.3M
Trading Volume: $11.2M
7-day Gain: -2.84%
Maker (MKR/USD)
Maker ascended from the demand level at $588.90 when the market was oversold on the Stochastic. The month of October has been bullish until recently. The market has experienced six consecutive days of bearishness since the supply level at $1154.30 was tested. The daily candles have dived below the Moving Averages (periods nine and twenty-one). The market is expected to crash to a $588.90 demand level.
Maker (MKR/USD)
Current Price: $935.15
Market Capitalization: $915.4M
Trading Volume: $45.5M
7-day Gain: -13.77%
Aave (AAVE/USD)
Aave experienced a breakout with three black crows in August. The daily candles have soared to fill up the market inefficiency. The market pushed through the upper border of a falling wedge into the fair value gap below $97.0. The Stochastic is revealing an over-bought market. Bears are likely to take over to utilize the opportunity to drive the market to the $71.0 demand zone.
Aave (AAVE/USD)
Current Price: $83.76
Market Capitalization: $1.2B
Trading Volume: $153.3M
7-day Gain: 5.74
Curve Dao Token (CRV/USD)
CRVUSD is diving orderly in the falling wedge. Curve Dao Token experienced a change of market direction from bullish to bearish a $1.580 supply zone. The Moving Average has supported the daily candles to touch the upper border of the falling wedge. The price is set to fall towards $0.630 as the Stochastic is well overbought.
Curve Dao Token (CRV/USD)
Current Price: $0.8776
Market Capitalization: $464.7M
Trading Volume: $41.9M
7-day Gain: -2.22
ApeCoin (APE/USD)
ApeCoin ascended on the bullish trend-line after dipping into the oversold region at $3.10. The Moving Averages (periods nine and twenty) crossed in August to confirm a new bearish trend. A bearish order block is below the resistance level of $5.90. The bearish order block is expected to sink the price below $4.20.
ApeCoin (APE/USD)
Current Price: $4.47
Market Capitalization: $1.4B
Trading Volume: $95.0M
7-day Gain: -2.12
The Dash 2 Trade presale is off to an impressive start, having successfully raised well over $2 million in only a few days. The price was only $0.0476 in the beginning, and it is currently $0.05. The price will once again climb to $0.0513 at the third presale phase.
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