Loom Network, Thorchain, Lido Dao (LDO)
Loom Network, Thorchain, Lido Dao (LDO)
cryptocurrencies had another difficult week, even if the US dollar index (DXY) and the bonded ends decrease. Bitcoin fell back to $ 26,000, while Ethereum fell to the lowest level in months. In addition to the ongoing trial against Sam Bankman-Fried (SBF) there was no important news. This article deals with some of the top coins that should be kept in mind, such as Thorchain (Rune), Loom Network (Loom) and Lido Dao (LDO).
Loom Network Price forecast
The price of Loom Network has defied gravity in the past few months. It rose to a maximum of $ 0.300 and was about 670 % above the low of this month. It has become the most powerful cryptocurrency in the world. The coin has increased over the sliding 50-day and 100-day average (MA).
At the same time, oscillators such as the relative strength index (RSI) and the Stochastic Oscillator have moved to the extremely overbought level. It also jumped over the Ichimoku cloud. This increase after the coin was listed by companies such as gate, Lbank and Binance.
I believe that the risk yield ratio based on the Wyckoff model is currently not cheap. In other words, the token is in the Markup phase, in which the demand is usually higher than the offer. Therefore, it will now enter the distribution phase, followed by a discount. Therefore, the prospects are now pessimistic, whereby the next value that should be kept in mind is $ 0.15.
How to buy $ loom
bony
Binance has grown exponentially since its foundation in 2017 and is now one of the, if not the largest cryptocurrency exchange on the market.
Bitfinex
Bitfinex is a Bitcoin exchange platform that provides advanced services for dealers of digital currencies and liquidity providers.
thorchain-price forecast
This shows the daily rune The price rose to a maximum of $ 2.26 on October 1. In the meantime it has decreased because the recent dynamics have subsided. This is a sign that it has entered the sales phase of the Wyckoff model. It has also formed an ascending channel and is now on the lower side.
The Rune price has formed a declining divergence pattern, which is usually a declining sign. The stochastics oscillator has moved to the oversized level. The most important thing is that a small hammer pattern has formed. This pattern signals that the coin will continue to rise, since buyers are aiming for the resistance point at $ 2.0. This view is invalid if it falls under the lower side of the hammer at $ 1.50.
How to buy rune
bony
Binance has grown exponentially since its foundation in 2017 and is now one of the, if not the largest cryptocurrency exchange on the market.
kucoin
KUCOIN is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Kucoin was introduced in September 2017 and developed into one of the most popular crypto exchanges. Kucoin already has over 5 million registered users from over 200 countries and regions. According to Alexa Traffic ranking, Kucoin is one of the top 5 worldwide with its monthly visits.
Lido dao price forecast
I do The price moved in a tight range due to the continued slow growth in the liquid staking industry. There has been strong support at $ 1.41, which represents the lower side of the descending triangle pattern.
The Lido Dao Prize consolidates on the sliding 50-day average, while the stochastic oscillator has moved to the oversold point. Due to the descending triangle pattern, there is therefore a probability that now that the triangle of the confluence zone is approaching, there will be a declining outbreak.
How to buy $ ldo
Source: Coinlist.me