cryptodailyuk

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Like the entire 1INCH market, he built a local growth line in 4h intervals. However, we must observe the behavior of BTC which has the greatest impact on what is happening with the market. it is worth noting that higher lows have been built, while the highs are getting lower.

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As can be seen, BTC is approaching the exit from the current triangle. We can observe patterns of higher lows and higher highs which could be positive for the price in the long run.

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LTC is moving in the local side channel, the channel output can set the price direction. If the price starts to fall, we have two support points and two resistances in the opposite direction.

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The DOT is bouncing back and forth from the bottom and top edge of the side channel, currently trading between $ 17.31 and $ 19.47. It is worth watching the chart because exiting the channel can set the direction of the price.

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The CRO maintains a local growth channel. He created the 2 closest supports at a price of $ 0.4103 and $ 0.3908. It is a very good project that is developing strongly, it is worth looking at it in the long run.

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As you can see, ATOM moves in the drawn channel with blue lines. Currently, the price is based on support, while the next levy is plotted at 0.0006722btc. We are halfway through the current channel, it is worth waiting which direction ATOM will take.

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MATIC came sideways from the downtrend after rebounding from the support. It's hard to target the price due to BTC fluctuations.

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1INCH exited the side channel and, responding to bad sentiment in the market, rebounded from the support at 0.00004242btc. Currently, we are approaching an attempt to leave the local downward channel, you should observe the entire market and information from the world of cryptocurrencies, which can help in assessing the situation.

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Much information is circulating about negotiations between Elon Musk and McDonald's regarding accepting DOGE payments at McDonald's. As is known in the world of cryptocurrencies, such situations can lead to sudden and large increases. So let's follow how the whole thing unfolds.

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PERL rebounded from support after the recent declines, but you should watch the behavior and sentiment across the market. In the event of repeated declines in BTC, capital may flee from the market, which would result in further drops in PERL.

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BNB is a very good project of one of the largest cryptocurrency exchanges. Recent declines have been a good buying moment for investors. In the long term, the project has a chance to develop constantly, so its price may give higher and higher levels.

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We can observe that the UNI price is 76% lower than on ATH on May 3, 2022. The current support zone is in the range from $ 9.62 to $ 8.38. When the trend reverses and the UNI price starts to rise, the first resistance will appear at $ 11.57.

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LUNA, despite the declines, is moving in the uptrend channel. The observed declines may be caused by bad sentiment on the market and rumors about "BIG SHORT LUNA". We currently have support at $ 48.33 and the first resistance at 0.236 Fib Retracement at $ 57.18.

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BSV is close to the previous support, which has bounced back multiple times when the support is broken, could bring the price down to around $ 64. The first resistance, however, is $ 107.88. In the coming days, it is possible to try to exit the downward trend, but a lot depends on the behavior of BTC.

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MKR rebounded from support at $ 1,692 and is currently at $ 1,767. We are currently at -72% of the price of our ATH. The trend lines show the continuation of the downtrend. If the market sentiment changes and there is renewed interest in MKR, we can break the current resistance and attack the price of $ 1,870. However, the next resistances are $ 1,949 and $ 2,023.

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After the recent declines, MATIC hovers around $ 1.64. The current support is at $ 1.5. However, the first resistance is around $ 1.69, the next level that MATIC has to overcome is at the price of $ 1.92. We are getting close to leaving the channel that could change the trend of the rate.

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As you can see, LUNA turned back with just ahead of the support line at $ 52.20, keeping it in the uptrend channel. Currently, the price is $ 59.5 and the first resistance is at $ 61.39 in line with 0.236 Fib Retracement.

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TOMO rebounded from support at $ 0.96 after a fall of around 75% from its ATH. It is important that the price does not drop below the support, keeping the current price may try to attack the resistance at $ 1.27 and then at $ 1.46.