Cryptocurrencies failed to continue recent rallies as altcoins fell back to their previous lows. OMG Network lost all of October’s bullish gains and became the biggest loser of the last 7 days.
Rete OMG
Since October 4, OMG Network (OMG) has been trading below the overhead resistance of $18. On November 4, buyers pushed the altcoin to retest the overhead resistance. The cryptocurrency formed a bearish double top that led to a downside move. The selling pressure erased the bullish gains from October. The cryptocurrency was the biggest loser of the previous week. Below are some of its characteristics:
Prezzo: $10.31
Capitalizzazione di mercato: $1,469,338,014
Volume di scambio: $1,390,505,877
Perdita di 7 giorni: 36.25%
Token DAO curva
On October 28 Curve DAO Token (CRV) traded up to $5.84. However, the cryptocurrency immediately fell back when it reached the recent high. However, the long candle wicks above the resistance at $5.00 indicate strong selling pressure above the recent high. Buyers were rebuffed three times at the resistance as the altcoin resumed its downward movement. The cryptocurrency is the second biggest loser of the past week. It has the following characteristics:
Prezzo: $3.61
Capitalizzazione di mercato: $11,845,603,696
Volume di scambio: $352,916,187
Perdita di 7 giorni: 24.86%
Meanwhile, on November 6, a green candlestick tested the 61.8% Fibonacci retracement level. The retracement suggests that DAO will fall to the Fibonacci extension level of 1.618 or $2.72.
Il grafo
The Graph (GRT) is trading in a sideways trend below resistance at $1.05. Since August, buyers have failed to keep the crypto price above the aforementioned resistance. On November 9, the bulls broke through the resistance but failed to sustain the bullish momentum. As a result, the altcoin is sinking into the range bound zone. The altcoin has the following characteristics:
Prezzo: $0.9372
Capitalizzazione di mercato: $9,425,676,479
Volume di scambio: $288,956,930
Perdita di 7 giorni: 22.40%
Nonetheless, it is likely that the cryptocurrency will trend if the upper resistance is broken. Meanwhile, the candlestick body of the October 26 uptrend tested the 50% Fibonacci retracement level. The retracement suggests that GRP will rise to the 2.0 Fibonacci extension level, or $1.76.
Fantom
Fantom (FTM) is in an uptrend. The altcoin rose to a high of $3.100 but was rejected at the recent high. The cryptocurrency has fallen and dropped below the moving averages, indicating further downside. Crypto is the fourth biggest loser. It has the following characteristics:
Prezzo: $2.25
Capitalizzazione di mercato: $7,137,179,459
Tvolume di classificazione: $726,499,143
Perdita di 7 giorni: 21.85%
THETA
THETA (THETA) has been in a fluctuation range since March. The cryptocurrency rose to a high of $14 and then was forced to move sideways. The altcoin is the fifth biggest loser over the past week. The altcoin has been trending for six months. THETA ranges between $3.50 and $14. The cryptocurrency value has the following characteristics:
Prezzo: $6.42
Capitalizzazione di mercato: $6,415,539,781
Volume degli scambi: $360,808,247
Perdita di 7 giorni: 20.33%.
Disclaimer. Questa analisi e previsione sono le opinioni personali dell'autore e non sono una raccomandazione per acquistare o vendere criptovaluta e non devono essere viste come un'approvazione da parte di CoinIdol. I lettori dovrebbero fare le loro ricerche prima di investire fondi.