On today’s list of cryptocurrencies demonstrating observing high gains, there are two names that have emerged with a lot of prominences. These cryptocurrencies include Nekocoin (NEKOS) and Cindicator (CND) and they have demonstrated high rallies in the past 24-hours. Provided below are analyses for both cryptocurrencies and their price predictions.
Nekocoin (NEKOS) Observes a 183.08% Rally
Just a few days ago, the bulls faced a tough time against the bears trying to push Nekocoin across the low figure of $0.000000000866 per NEKOS. After having a strong competition, the bulls started taking the lead and the trend line for Nekocoin started moving upwards.
Over the course of time, the price of Nekocoin observed a gradual growth and in the last 24-hours, the bulls demonstrated their true potential.
According to stats, the bulls were able to form a 183.08% rally to uplift the value of Nekocoin to $0.000000002826 per NEKOS. Such a rally has been considered as the declaration of a bullish trend for Nekocoin.
Despite the trend line for Nekocoin being in the ascending order, the RSI for Nekocoin is still below 50. This means that the bulls will need to run the rally for a longer period of time than they already have, and only then, they’ll push Nekocoin higher.
Therefore, the bulls will need to work harder in the upcoming days, so they can move Nekocoin up to $0.000000005412 per NEKOS. Once Nekocoin hits and crosses the first strong resistance mark, the bears may start pulling out of the competition.
The withdrawal of the bears would steer the situation even more in the favor of the bulls. As a result, the price of Nekocoin may grow up to $0.000000007890 per NEKOS. As the RSI moves over 50, and the moving averages also become bullish, then Nekocoin may rise to $0.000000009696 per NEKOS.
Cindicator (CND) Observes a 167.52% Rally
Cindicator also observed a similar kind of trend in terms of its price a few days back, as it was at a low price of $0.003038 per CND. However, the bulls prevailed in the case of Cindicator as well, eventually being able to form a 167.52% rally. The past 24-hour rally is the reason Cindicator is now hovering over $0.006645 per CND.
The trading volume for Cindicator has also increased by 2901.74% in the past 24-hours, and it has brought the volume up to $9,075,092.
With high sentiments, the bulls may continue pressing harder as compared to bears and keep moving the investors to their corner. This would continue forming stronger rallies, eventually moving Cindicator to higher values.
Over the course of time, the buying power increments may result in pushing Cindicator’s value to $0.01221, $0.01734, and $0.02095 respectively.
The post Price Analysis of Nekocoin (NEKOS) and Cindicator (CND) appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-nekocoin-nekos-and-cindicator-cnd/
via Bitcoin News
via Bitcoin News Today
No comments:
Post a Comment