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Some altcoins have been making bullish waves in the market. Aave bulls took over the bearish motion with three white soldiers aiming for $97.00. Similarly, TWT seems to have reached its first destination at $1.120.
Tamadoge is set for a bullish run as the market is currently oversold. A bullish confluence has formed with the demand level at $0.0230 and the supporting trend line.
Trust Wallet Token (TWT/USD)
The Trust Wallet Token has experienced a bullish breakout from a bearish channel. The bulls were exhausted above $1.120 after a bullish surge. The sellers drove the market to the demand level at $0.890. The Stochastic revealed that the market was oversold from the 19th of September. The bulls opened October with a leap out of the demand zone, leading to a breakout. The stochastic is currently overbought. The market is expected to retrace for a retest of the bearish trend line to shoot above $1.120.
Trust Wallet Token (TWT/USD)
Current Price: $0.1424
Market Capitalization: $461M
Trading Volume: $12M
7-day Gain: 16.84%
Aave (AAVE/USD)
Aave changed direction from being bullish to bearish. The ascending trend-line was violated in August with three black crows. Since the structural shift, Saved has been lying cowardly below $97.00. A rejection candle with a long shadow appeared at the $71.00 support level. This has fostered a bullish run to push through the resisting trend line. A retest of $71.00 is expected due to the oversold condition revealed by the stochastic.
Aave (AAVE/USD)
Current Price: $82.09
Market Capitalization : $1.15B
Trading Volume: $178M
7-day Gain: 13.05%
Tamadoge (TAMA/USD)
TAMAUSD experienced a bullish breakout on the 12th of October. The market surged above the bearish trend that guided the hourly candles to $0.0340. The pump from the oversold region rallied above the resistance level at $0.0420. The market is currently oversold at the $0.0230 support level. This is expected to foster a rise in price to $0.0300.
Tamadoge (TAMA/USD)
Current Price: $0.0242
Market Capitalization: $25.3M
Trading Volume: $6.8M
7-day Gain: -29.41%
IMPT
As is true of good cryptos, IMPT has started with a token presale. This exercise was begun in early October and more than 5 million USD has already been realized. The first phase of the presale exercise is being finalized, and a coin is worth around $0.018. Based on the announcement on the presale webpage, the coin price is projected to reach $0.023 in the second stage.
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