414 Interactions, 2 today
Despite its recent price fall, Augur‘s charts showed that buyer appetite was present, suggesting a fast rebound. Monero has reached $250 and may see more gains in the coming days after turning the $247-level to help. Zcash was also optimistic, shooting for the $193 mark.
REP has been on a slow downward trajectory for the last two days, but this was just a break in the upward trend from $30 to $43. Even as REP fell below $39, the OBV was making higher lows. This meant that buyers were not in full charge of the market.
A rejection at $39 would make the $36.8 region more appealing to traders, while a trading session close over $39 supported by high turnover might see this amount flipped back to support.
In recent days, the Awesome Oscillator has been going below the zero axis, indicating bearish pressure.
XMR had a positive view on the hourly chart. It had risen past a production area once more and was attempting to flip it to a market area. At the time of publication, the RSI had slipped down to 51 as the stock was selling around $253.
XMR has failed to break through the $230 and $238 support thresholds in March. In the last few days, it has achieved this feat as well as flipped the $247-level of help. XMR is expected to grow higher in the coming weeks.
On the hourly map, ZEC gained momentum between the $157 and $148 ranges over the last few days, finally smashing through the $157 barrier. The bulls were attempting to flip $173 to support at the time of writing, and a technical short-term goal of $192.8 was established based on the 27 percent extension mark.
This goal used ZEC’s recent increase from $116 to have an extension stage.
The MACD indicated that ZEC was experiencing heavy bullish momentum, while the Chaikin Money Flow was still above +0.05, indicating that cash was flooding into the market in larger volumes – an indication of demand.