Altcoin Market: ATOM, LINK and BAND – Technical Analysis


Altcoin Market Update: ATOM, LINK and BAND

BTC has created a new all time high price after dropping by more than $6,000. The drop was bought back immediately and BTC reached close to $36,000. Ethereum has also started approaching its all time high price and reached close to $1,200. Altcoin market has been highly profitable this week.

The whole crypto market is looking extremely bullish. Many coins have been gaining double digit percentage gains. Every time BTC looks bearish and drops, the drop is being bought back immediately and it has been creating higher highs and higher lows.

Today we will review the following coins form the altcoin market: ATOM, LINK and BAND.

ATOM/USD – Price Prediction

atom

ATOM is currently trading at a resistance of $6.62. If it can flip this resistance to support, we can start seeing a move towards $7.50, $8.39, $9.65 and $11.26. Failure to break the resistance could lead to a drop towards $6.04, $5.52, $5.14 and $4.53.

LINK/USD – Price Prediction

link

As per our previous article on LINK price prediction, we have reached our target of $16.96. If we can break this resistance, we could see a run towards $18.01, $18.83 and $20.20. Failure to break this resistance could lead to a drop towards $16.04, $15.00 and $13.71.

BAND/USD – Price Prediction

band

BAND has entered the resistance zone of $8.88. If it can flip this resistance to support, we could start seeing a move towards $10.30 and $11.91. Failure to break the resistance could lead to a drop towards $7.59, $6.53 and $5.86.

Images courtesy of TradingView.

Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided.

Do your own due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd. All rights reserved.

 

 



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