The bearish momentum in the cryptocurrency market has been declining recently. The change is seen much more on some coins compared to others. Nevertheless, some coins, such as CSPR and Aptos, have been gaining buying momentum these days as they keep rallying upward.
Tamadoge recently breached the old low on the hourly chart. While it appears that the bulls are interested in keeping the price soaring higher, a correction into one of the bullish order blocks might be necessary for the upward trend to continue.
Before the bounce off the $0.0220 support level, CSPR/USD declined massively in April 2022 into an oversold region in June. The failure swing formed as a result of the bulls’ intention to change the market’s environment to an uptrend. Currently, the market is correcting downward in response to the RSI’s indication. This correction is expected to end in either of the daily bullish order blocks.
Current Price: $0.0470
Market Capitalization: $0.49B
Trading Volume: $22M
7-day Gain: -2.77%
After breaking equal highs on the 22nd of this month, APT/USD has remained consistently bullish. The second MA cross on the 21st of this month indicated that the market is about to go bullish. As the price ran through the buy-side liquidity upward, the successful breakout from the equal highs confirmed this bullishness. From the oversold region, the price appeared to have made a retracement down into a bullish order block. As a result, APT/USD is expected to break through the $10.2990 resistance and possibly continue to rise.
Current Price: $9.6100
Market Capitalization : $1.2B
Trading Volume: $1.06B
7-day Gain: 14.55%
Tamadoge just completed its long-term trend to the downside. The last and also the fifth impulse swing ended just after breaching the old low at $0.02270 to grab the sell-side liquidity. The emergence of the bullish divergence as revealed by the RSI indicator confirmed the end of the motive wave as buyers stormed the market aggressively. The price is currently expected to reach lower in any of the PD Arrays to gain buying momentum for the continuation of the uptrend.
Current Price: $0.02360
Market Capitalization: $25.47M
Trading Volume: $2.49M
7-day Gain: -31.28%
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