Sunday, March 27, 2022

Price Analysis of SmashCash (SMASH) and MetaRare (MTRA)

SmashCash (SMASH) Investors are in High Spirits

In the past 24-hour, SmashCash has landed itself on a bullish trend with the contribution of investors with strong positive sentiments. The bulls have also contributed to the cause but their build had begun more than 24-hours ago.

On March 16, the value of SmashCash stood at a low price of $0.0005873 per SMASH. Although the bulls made several attempts to push SmashCash over the $00.0006000 per SMASH mark, all their efforts went in vain.

Still, the bulls didn’t lose hope and they kept purchasing SmashCash at a lower level. Finally, the bulls managed to push SmashCash over the particular mark by March 19. This increased the investors’ level of confidence wanting to accumulate SmashCash due to its gradual increase.

Finally, the rally was kicked-off on March 22, when the investors rallied in favor of SmashCash. In the past 24-hours, the rally rate has grown up to 186.66%, bringing the value of SmashCash all the way up to $0.002780 per SMASH.

Even at the time of writing, the rally rate for SmashCash continues surging and the bulls are expected to hit higher benchmarks it remains persistent. With strong buying pressure from the bulls, more bears may back out, leaving more room for SmashCash to elevate.

The first strong mark the bulls may try to hit would be $0.005374 per SMASH. Going forward, the bulls will need to increase their buying power in order to push SmashCash all the way up to the second resistance mark ($0.007882).

The third resistance mark ($0.009722) would prove to be the real test for the bulls and the investors with high sentiments. If they are able to keep their confidence boosted, the price of SmashCash may surge to the third major mark.

MetaRare (MTRA) Runs on a High Track

MetaRare had also experienced a downtrend as its price hovered at a low figure of $7.1 per MTRA. The same trend continued for the next 6 days until the bulls came in full force against the bears and the price of MetaRare started surging.

In the past 24-hours, the bulls have formed a really strong (181.43%) rally that has pushed MetaRare’s value to $20.28 per MTRA.

At the moment, the sentiments of the investors are very high. The summary scale shows that more than 65% of investors are willing to buy MetaRare, while 22% of investors are willing to sell it.

The RSI for MetaRare is also at 69.57 which is a strong indication of the upward trend. In the upcoming days, the price of MetaRare may rise to $29.47. If the bulls keep accumulating MetaRare and the rally remains strong, MetaRare may surge to $36.16 per MTRA.

The post Price Analysis of SmashCash (SMASH) and MetaRare (MTRA) appeared first on CryptocyNews.com.



from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-smashcash-smash-and-metarare-mtra/
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