Bitcoin encountered massive demand around the $45.6K level again. The leading crypto climbed swiftly above Monday’s highs and lows, pulling alternative coins alongside.
Decentraland and XRP recorded gains today and traded around vital resistance levels that require flipping. Meanwhile, Dogecoin continued its sideways trends.
Ripple (XRP) appears healthy on the hourly price chart. The remittance toke rose past the resistance level at $0.899. Keep in mind that the alt met selling momentum at this level in recent times.
These are higher price levels, and retesting the $0.87 mark might present a purchasing opportunity. That will see XRP rising towards $0.92, then $0.95.
The Aroon indicator displayed an ongoing uptrend on Ripple’s hourly chart. Also, the Moving Average Convergence Divergence made a bullish cross beyond the zero line, reinforcing the bullish ides behind Ripple surge from the value area at $0.83.
Decentraland (MANA) created a falling wedge pattern and seemed to break out some days ago. However, the digital real estate coin managed to rally to $3.6 before facing rejection.
Besides the wedge formation, MANA price established a $3 – $3.6 range over last week. Meanwhile, the $3.26 level has served as a vital level between the range brackets.
The Relative Strength Index hasn’t broken the near-term trend-line and presented a higher high. Also, the OBV noted uptrends and indicates a selling and buying move agreeing with the established range.
Nevertheless, Decentraland’s price actions will rely on market trends. Bullishness by BTC might see the metaverse coin touching 43.6 in the up-and-coming days. Flipping a $3.6 area into footing might mean a range breakout.
Updates on Tesla Company introducing Dogecoin payments saw the original meme token increasing by more than 40% within two hours over the past week.
However, DOGE saw correction since. The coin rallied past 78.6% retracement zone at $0.1662 before retesting the mark as support floor over the past hours. However, the trading volume hasn’t been impressive.
DOGE price wavered near the top Bollinger band and beyond the 21- and 55-period Simple Moving Average.
Though the price stayed above these MA, the SMAs haven’t formed a crossover. The DMI indicated a massive possible uptrend after the Dogecoin bounce from $0.1612.