The crypto Altcoin market experienced a harsh decline with $ 32 billion in the last 24 hours. However, some subcoins continue to attract the attention of investor by breaking the overall decline trend. Today’s most talked about subcoins include Story (IP), Sonic (S) and Bittensor (TAO).
Story (IP) continues its strong rise
Story (IP) became one of the rare Altcoins that continued to rise despite the weakening of the market. Yesterday, IP, which gained more than 20 %value, was the most rising asset in the crypto market. Today, this rise has reached $ 2.42. IP’s Chaikin Money Flow (CMF) data shows that the demand for the presence has increased. The CMF rose to 0.20, which shows that investors provide a large amount of fund flow. If this strong purchase pressure continues, IP can re -test the $ 3 level.
On the other hand, if investors turn to profit sales, the IP price can rapidly retreat to $ 1.44.
SONIC (S) This Altcoin reaches new summits
Sonic (S), known as Fantom (FTM), rose by 10 %in the last 24 hours to reach $ 0.65. This is the highest price level since January 25th. In the technical analysis, Sonic created a trend line in the price graph. This formation shows that the price constantly creates higher bottom levels and enters a strong bull trend. If the demand continues to increase, the price S may rise to $ 0.76.
However, if the rise momentum weakens, the price may fall below the trend line to decrease to $ 0.50.
Bittensor (TAO) passed under the control of buyers
Artificial intelligence -based BittenSor (TAO) has become one of the most sought -after subcoins today. It gained 9 %in the last 24 hours and reached $ 398.80. Elder-ray index data shows that buyers dominate the market. This indicator measures the power of bulls and bears in the market. A positive value indicates that bulls seize control and have a strong procurement pressure.
If this acceleration persists, the Tao price can be up to $ 452.20. However, if the rise momentum disappears, the price can retreat and test support levels.
The pulse of the market is throwing these 3 Altcoin!
While there are major fluctuations in the crypto market, Story (IP), Sonic (S) and Bittensor (TAO) continue to attract the attention of investor.
Although technical indicators show that these subcoins may increase, investors need to pay attention to market fluctuations.
