CSPR’s price remains strong despite price facing rejection from a high of $0.055 as the price holds above the key support area.
TWT breaks out of a descending triangle as the price looks strong despite Bitcoin (BTC) dragging market prices down.
The price of CRV respects the downtrend line as the price aims to break out of its downtrend price movement.
The crypto market has not had the Uptober that many expected, as the market has kept on going in spite of giving a few extraordinary indications of energizing in the early piece of the month. With the exception of a couple of excellent coins, for example, Casper Network (CSPR), Trust Wallet Token (TWT), and Curve DAO(CRV), have shown strength not despite with worry for Bitcoin Dominance (BTC.D) as this could influence the price of altcoins when BTC retraces.The following are 3 altcoins that have opposed the draw of BTC.D.
Casper Network (CSPR) Price Analysis On The Daily Chart
Most projects have fared poorly in the bear market,with many experiencing more than 50% price declines, discouraging most traders and financial investors from stockpiling these assets .
With Bitcoin’s dominance (BTC.D) rising and the cost of BTC moving in a range, this has affected most crypto projects. The cost of CSPR has enjoyed a somewhat good price rally OK, but not great price rally. Subsequent to dropping to a day to day low of $0.03, the cost of CSPR energized to a high of $0.055, recovering its key support.
CSPR’s value needs to hold above $0.045, which corresponds to the 200 Exponential Moving average; a nearby over this region could push the cost to $0.077.
Daily resistance for the price of CSPR – $0.077.
Weekly support for the price of CSPR – $0.045.
Price Analysis Of Trust Wallet Token (TWT)
The daily timeframe the price of TWT has shown resilience as the price continues to remain bullish strength after a successful breakout from a descending triangle.
TWT’s cost faces resistance at $1.2; the value needs to break this region to rally higher; assuming the price regects to break this range, we could see the price retesting the support at $1.
Daily resistance for the TWT price – $1.2.
Price Analysis Of Curve DAO (CRV)
After dropping to a daily low of $0.5,the cost of CRV bounced from that area as the price rallied to a high of $1.5 before facing rejection to trend higher.
The cost of CRV saw rejection as price continued to range, framing a descending triangle with a possible breakout to a high of $1.
Daily resistance for the CRV price – $1.2.
Daily support for the CRV price – $0.65.