The crypto market continued to decline and the total market value decreased by $ 23 billion in the last 24 hours. Despite a wider decline, several subcoin remarkable price price He attracted the attention of investors due to his movements. Crypto analyst Abiodun Oladokun, 3 tokens lies on the table.
Altcoin in the first row: Pancakeswap (Cake)
Cake strengthens Pancakeswap, the largest decentralized stock market (Dex) on BNB Chain. One of today’s trend Altcoins because it has gained profit by resisting the general decline in the market. Currently traded for $ 2.21, Token increased by 17 %last day. On-Chain activity, which has increased on Pancakeswap in the last 24 hours, greatly directs double-digit earnings.
During this time, Pancakeswap led all the non -decentralized stock exchanges with a transaction volume of approximately $ 1.63 billion. On the other hand, Ethereum’s UNISWAP recorded approximately $ 1.02 billion in a 24 -hour volume, while Solana’s Raydium (UNI) received a net daily volume of approximately 334 million dollars. If the demand for Cake continues to increase, the price may exceed $ 2.41 and may rise to $ 2.90.
Cake Price Analysis. Source: TradingViewOn the other hand, a decrease in procurement print will invalidate this rise projection. In this case, Cake’s price may drop to $ 2.01.
Bubblemaps (BMT) in the second place
Bubblemaps’s UNT is another Altcoin that investors pay attention to today. It is currently traded for $ 0.139 and rose by 40 %in the last 24 hours. In the four -hour graph, the Golden Cross, observed by the moving average convergence deviation (MACD), confirms the tendency to rise to Altcoin.
This tendency occurs when the MACD line on the signal line (orange) and indicates that the ascension tendency is reversed. It indicates that the upward acceleration has increased, indicating that the BMT purchase pressure is strengthened. If BMT receivers strengthens market controls, token can withdraw the price of $ 0.18.
BMT Price Analysis. Source: Gecko TerminalOn the contrary, if the UNT owners begin to distribute their tokens for profit, token may lose their last earnings and drop to $ 0.071.
Altcoin in the last row: Heroes of Mavia (Blue)
Blue is the local tokene of the web3 game House of Mavia. Today, a trend is an asset because the price increased by 395 %in the last 24 hours. The price rally stems from the excitement of new features to be added to the game.
Blue’s price splashing was accompanied by an increase of 5440 %of the transaction volume last day. This is a sign of rise because the rally shows that the rally is supported by token demand and that it is not fed with speculative processes. If the demand increases further, it can expand their blue earnings and climb to $ 0.95.
Blue Price Analysis. Source: TradingViewHowever, if the bears regain domination and the procurement pressure decreases, the value of the token may fall to $ 0.34.
The opinions and estimates in the article belong to the analyst and are not definitely investment advice. Kriptokoin.comWe recommend that you do your own research before investing.
