Price Prediction for October 8: HT, RUNE, CSPR, ENS, and KSM

Updated: 10 October 2022

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Crypto traders seek to make out a silver lining for themselves in the face of the crypto markets’ bearishness. While some coins are extremely active, others seem to be asleep. This Month, the volatility of the Ethereum Name Service coin and Casper coin is quite wild, unlike the slightly motionless Thor Coin.

Huobi Token has made a breakout of its long-held bearish motion. The same with Thor-coin, which is also making moves to defy the bearish order, although there is little volume in the market.

Huobi Token (HT/USD)

The HT price has been stuck below the supply level at $4.3420, but has however, risen by 20% by the end of last week. The HT coin had initially dropped by 34% in August, and the price seemed to retrace, as MA indicates during periods nine and twenty-one. The market is expected to rise to $5.000. Huobi Token (HT/USD)

Current price: $4.41
Market capitalization: $663.3M
Trading volume: $14.8M
7-day gain: -8.54%

Thor Coin (RUNE/USD)

In August, the coin broke out of its bullish trend-line and has since been on a steady decline. The price is expected to revisit the demand level at $1.6000 soon, despite bulls’ incessant attempts to move the market back up. The MA periods of 9 and 21 appear to disagree. Thor Coin (RUNE/USD)

Current price: $1.64
Market capitalization: $540.2M
Trading volume: $22.8M
7-day gain: 8.06%

Casper (CSPR/USDT)

The CSPR coin seems ready to break out of the price level at $0.037530. After the bullish order block that saw the market break out of the ascending triangle, the coin has had very sharp, impulsive runs. The Moving Average, with periods of 9 and 21, shows the market is bullish. The Parabolic SAR also gives the same indication. The market is expected to retrace towards $0.030 at the fair value gap to shoot up beyond $0.030. Casper (CSPR/USDT)

Current price: $0.03652
Market capitalization: $379.4M
Trading volume: $18.7M
7-day gain: 26.41%

Ethereum Name Service (ENS/USD)

The Coin has been largely bullish ever since the 27th of August. The market maintains its steady rise. The price has, however, broken out of the supply zone $15.730 that’s held for months now. The Super Trend indicator supports the market’s bullish motion, just as the Parabolic SAR does. During the periods of 9, and 21 days, the MA indicates that the market is keeping up with its bullishness, the market is therefore expected to soar to $19.00. Ethereum Name Service (ENS /USD)

Current price: $17.87
Market capitalization: $361.2M
Trading volume: $62.2M
7-day gain: 23.70%

Kusama (KSM/USD)

Since the middle of the previous month, KSM’s price has been forming a bearish flag pattern. However, the bulls seem to be taking their best shots at pushing the price out of the wedge pattern, although this has been met with an equal amount of resistance. Hence the consolidation with the rising wedge. Although buyers have been showing some strength in the past couple of days, the price is expected to fall back down after it hits the flag walls at $42.80. Kusama (KSM/USD)