The crypto market in the current time seems to be a combination of highs and lows, as some major assets experience a plunge while other altcoins surge. Also, the DeFi space has balanced the trembled situation during the massive bitcoin price rally as major tokens like Chainlink price and YFI price continue to surge like a giant.
Yet, the tokens like Cream Finance(CREAM) and Keep Network (KEEP) which had grabbed the side trend, managed to get on the track and follow the major DeFi tokens.
Cream Finance(CREAM) Jumped by 20%
Cream finance price had a very good start since its inception in the mid 2020 which carried the price above $290 which remains its All-time high. However, immediately after the price surge, the price fell to lower levels close to $50 but the asset strongly rebounded back close to $170 levels.
However, a drastic plunge was awaited for the asset and hence the price declined to as low as $20 and continued to trend within the same range within $20-$60 for quite a long period. Nevertheless, many pumps that carried the price close to $100 were also included.
Interestingly, after a couple of days passed in the first month of 2021, the CREAM price initiated the rally which trended around $60. The price surged massively touching above $95 initially and continued to touch above $144.
The asset gained immense attention that resulted in a major swing in the price with increased trading volume. Currently at the time of writing, the CREAM price is $ 137.28 with a jump of 18.54% in the last 24 hours. However, at this stage, the prime focus would be on the support regions, which should have a price visit to continue swelling.
- The resistance levels are formed at $164, and after breaking these levels the next target would be to form new ATH.
- The support levels are formed at $115
- Indicators are currently neutral.
Keep Network (KEEP) Surges Nearly 5%
Keep Network also had a magnificent start with the price, started the trade at $0.5 and jumped to $6.10 in just five days of inception. However, the momentary rally pulled down the price below $1 the very next day and since then the price attempted very hard to regain the lost position.
The KEEP price could rally to the levels close to $1.46 but yet crashed back to the levels around $0.2 and maintained the same levels for a couple of months. In the past week, the price yet again experienced a plunge which dropped the price from $0.25 to $0.19.
However, the price in the past couple of days, intending to recover the earlier levels, surged back to current levels of $0.22 with a jump of 4.7% at the time of writing.
- The resistance levels are formed initially at $0.26, after breaking the next levels to be tested would be at $0.312
- The support levels are formed at $0.2163
- Indicators are currently neutral