Crypto price forecast: XDC Network, Cronos, Astar

• The cryptocurrencies moved sideways this week because Bitcoin remained below $ 26,000.

• XDC Network, Cronos and Astar were among the biggest winners.

prices for cryptocurrencies this week a relatively subdued performance recorded a feeling of fear in the market. Bitcoin got stuck at $ 26,000, while American indices such as Dow Jones, the Nasdaq 100 and the S&P 500. The US dollar index (DXY), on the other hand, recovered vigorously and rose to the highest level in five months.

XDC Network Price forecast

xdc network has shown one of the best performance this year. It rose from a low of $ 0.024 in January and reached a maximum of $ 0.093 in August. However, the token has declined recently and is now about 40 % below the highest level of this year. It now consolidates through the 25-period and 50-period exponential sliding.

The token also moved slightly above the important level of support of $ 0.045, the highest level in April this year. At the same time, its volatility has dropped, as the falling Average True Range (ATR) indicator shows, which has fallen to the lowest level since July 25th.

Therefore the prospects for the XDC network are Bärisch, the initial support is $ 0.50, the lowest level on August 26th. Dealers should concentrate on the resistance at $ 0.067, as the upward trend is continued to $ 0.08 at a movement above this level.

cronos price forecast

cronos, formerly known as Crypto.com coin, is in a downward trend because the demand for the coin wanes. The Defi-Ecosystem also recorded drains because the Total Value Locked (TVL) dropped from over $ 4.4 billion to less than $ 500 million. Tectonic and VVS Finance are no longer the popular Defi protocols they used to be.

The Cronos Prize found a strong support at $ 0.050, where it had difficulties in June and August of this year. It remains under the moving 50-day average and the green, descending trend line shown. The stochastic oscillator is also tilted upwards.

Therefore the cro price view is neutral for the time being. Further downward movements are confirmed if the price falls below the support at $ 0.05. In this case, the next level to be observed is $ 0.45. The alternative scenario provides for an increase and a new test of the downward trend line at $ 0.057.

How to buy cronos

astar network price forecast

astar network is a leading blockchain company point pattern ecosystem. The ASTR-TOKEN was recently in an upward trend after reaching its low at $ 0.0322 on June 10th. More precisely, the coin has increased by more than 70 % to the current value of $ 0.06.

On its way, the coin has formed an ascending channel that is shown green. It also jumped over the 23.6 %fibonacci retracement level, while the stochastics oscillator drifted upwards. Therefore, the ASTAR-TOKE PRICE will probably continue to increase, since buyers are aiming for the important resistance point at $ 0.070, the highest point on August 23, and the 38.2 %retracement level.