Phantom Protocol to Surge to $0.001675
Phantom Protocol investors are showing no signs of backing away from the rally as they have started challenging the bears on higher levels. With their strong purchasing power, the investors have pushed the bears out of the competition.
At the moment, it is clear that the bulls are running the show and the 97.9% rally is confirming the trend. So far, the bulls have pushed the price of Phantom Protocol from a low of 0.0003500 per PHM to a high of $0.0006939 per PHM.
For now, the investors have no intentions of stepping away from such a great spot. At present, things are very clear for them and they are finding it easier to move the moving averages and the RSI into their (bullish) side.
If the bulls indeed manage to pull these technical factors to their side, then the price of Phantom Protocol may surge to $0.0009577 per PHM.
As the acquisition spree continues to grow higher, more investors would continue joining the bulls. This would eventually push the price of Phantom Protocol to a high of $0.001369 per PHM.
The bulls may not stop at the second resistance mark ($0.001369) and may continue pressing harder. Their aim would be to keep the bears overwhelmed, and this behavior would allow them to move Phantom Protocol up to $0.001675 per PHM.
Step Price to Surge to $0.009004
As Step is growing in size, the bulls are rallying up to it with strong support from the investors who were once neutral. So far, the support coming from the bulls has increased the investments made by the bulls and has formed an 87.1% rally.
Due to the rally, the value of Step has elevated from a low price of $0.003182 to a high price of $0.005230 per STEP.
If the acquisition power of the investors remains overwhelming over the bears, then it may rise to $0.007111 per STEP. If the bears fail to defend the high resistance marks, then the price of Step may grow all the way up to a high of $0.009004 per STEP.
Even though the trend for Step is currently bullish, the bears may end up launching a strong selling spree to cause a lot of damage. They may not even let Step grow up to the first resistance mark. Instead, they may pull it lower from $0.005230, bringing it down to $0.003534 per STEP.
As the bears continue intensifying their selling spree, the investors on the bullish side may start changing their preference. They may side with the bears and start selling Step, which may bring Step down to $0.002957 per STEP.
The post Price Analysis of Phantom Protocol (PHM) and Step (STEP) appeared first on CryptocyNews.com.
from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-phantom-protocol-phm-and-step-step/
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