The crypto space flipped the bearish divergence as the market capitalization again surged above $1.9 trillion again. The major cryptos like Bitcoin price and Ethereum price regains the bullish momentum. Amid the uptrend, the NFT space rallies hard as CHZ price, ENJ price and MANA price skyrockets.
Enjin Coin(ENJ) Price Rallies More Than 40%
The enjin coin price again follows an uptrend after a pretty strong consolidation since a fortnight. The volume experienced a huge spike of nearly 592.86% recording nearly $2,038,434,642 resulting in a 41.63% spike in the past couple of hours.
The RSI indicators surged like a monster from 26 to as high as 75 within a short time frame. The MACD also forecast a bullish trend as the MACD line has now crossed the signal line pointing out a buy signal. At the time of writing the ENJ price is $2.95 with a gigantic jump of 41.28% in the past 24 hours.
Technical Specifications
- The resistance levels are at all time high at $3.08
- The support levels are at $2.26
- The indicators point out at a strong buy signal
Chiliz (CHZ) Price Spikes More than 20%
The chiliz price gained the spotlight of the entire crypto space with more than 800% within a very short time frame. However, the price slided down drastically trembling the path towards the expected $1. Hence after much consolidation, the price seems to have flipped the bearish divergence and followed an uptrend.
The trading volume witnessed a surge of 134%, recording $1,661,600,682 and the market capitalization also grew nearly 19% to hit more than $2 billion. The RSI had dipped to the lower levels close to 20, yet surged back to more than 56. The MACD line and the signal line both appear to go hand in hand without diverting apart.
At the time of writing the CHZ price is $0.4681 with a surge of nearly 20% in the past 24 hours.
Technical Specifications
- The resistance levels are at $0.566
- The support levels are at $0.37 but they are not so strong, hence the next levels are at $0.23
- The indicators point out at a buy signal
Decentraland (MANA) Price Jumps 11%
The MANA price that had rallied above $1 in recent times, is on the verge to go beyond these levels very soon. The price appears to have followed the same pattern of spiking after a decent consolidation. The price had consolidated a couple of times before and surged with a decent margin and a similar price movement is expected in current levels.
At the time of writing the MANA price is $0.9502 with a jump of nearly 10.95% in the past 24 hours. The RSI indicators flipped the bearish trend by jumping from 26 to close to 50 and the MACD indicators also point out a bullish signal.
Technical Specifications
- The resistance levels are at $1.02 initially and at $1.17
- The support levels are at $0.85
- The indicators point out towards a buy signal
Source link