Price Analysis of Redacted Cartel (BTRFLY) and Fuse Network (FUSE)

Redacted Cartel (BTRFLY)

Redacted Cartel has seen its price grow up to a high mark in the past 24-hours, following a strong buying spree demonstrated by the bulls. The price of Redacted Cartel was at a low of $200 per BTRFLY.

The bears continue hitting every rally with strong selling power for the past few days. However, the bulls kept growing stronger sentiments in favor of Redacted Cartel, which resulted in a 22.91% rally in the past 24-hours.

Due to the strong rally, the unit price of Redacted Cartel has been uplifted to a high of $246.65 per BTRFLY. At present, the RSI for Redacted Cartel is moving over line 61 and the moving averages are also indicating a strong buying spree.

This would result in pushing the price of Redacted Cartel to a high of $273.33 per BTRFLY. If the RSI for Redacted Cartel grows even higher and starts matching the current trend line for Redacted Cartel, then the price of Redacted Cartel may surge to $298.34 per BTRFLY.

If the moving averages for Redacted Cartel also start moving in the bullish zone, the price of Redacted Cartel may continue experiencing elevations. Soon, the price of Redacted Cartel may get launched into the resistance zone, where the first high price would be $310.44 per BTRFLY.

Fuse Network (FUSE)

Fuse Network has also recorded a strong rally in the past 24-hours, which has pushed its trading value to a high of $0.5157 per FUSE.

The situation for Fuse Network was not the same as it is at the time of writing. The data shows that the buyers launched a 24.87% rally in favor of Fuse Network in the past 24-hours.

This became the reason the price of Fuse Network got launched from the low price zone of $0.2149 per FUSE to a high of $0.5158 per FUSE.

The trading volume for Fuse Network is also growing higher and in the past 24-hours, it has surged by 558.93%. After the push, the trading volume for Fuse Network has grown up to $7,931,170.

Fuse Network is in the positive zone, if the bears launch their attack, they may completely crash the confidence of the investors. This would also go on to impact the strong gathering ability of the bulls.

As a result, the price of Fuse Network may start getting pushed lower. Such a situation may put the bull back into the bears’ court, who may start running the show their own way.

The first attempt they may make would be to pull the price of Fuse Network to a low of $0.4903 per FUSE. If the bears achieve it with their strong selling power, then their next attack against the bulls may bring Fuse Network down to $0.4634 per FUSE.

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