September 15 Price Prediction: HNT, EOS, LDO, SNX, CRV

The cryptocurrencies below are trading in the downtrend zone and may drop further. For example, HNT, LDO, SNX, and CRV rises are capped by the 21-day line SMA. This means that these cryptocurrencies will fall further to their previous lows. Let’s dive into the weakest altcoins of the week.

helium
Helium (HNT) prices are trending downwards, dropping significantly to a low of $4.06. The downtrend has continued since November 8, 2021. On Sept. 7, the altcoin rallied and moved up to the 21-day SMA. The bulls retested the moving averages for a second time as altcoins resumed selling pressure.

On the downside, HNT will resume its downtrend once the price breaks below the $4.06 support. Today, cryptocurrency assets have fallen into the oversold territory of the market. Therefore, if altcoins reach oversold territory, the current selling pressure could subside. Despite this, the altcoin remains below the 20% range of the daily stochastic. The market has reached oversold territory. HNT is the weakest altcoin of the week. It has the following features:

Current Price: $4.11
Market cap: $915,796,570
Trading Volume: $19,373,383
7 days profit/loss: 25.27%

Ios
EOS (EOS) is on an uptrend after reaching a high of $1.80. The cryptocurrency asset failed to continue its uptrend after the second retest. Altcoin Falls Above His 50-Day Line SMA. The uptrend will resume if the current support holds.

However, the selling pressure resumes once the price breaks below the moving averages. EOS is below the 20% range of the daily Stochastic. Altcoins have reached oversold territory. Selling pressure may ease. It is the second weakest altcoin at the moment. It has the following features:

Current Price: $1.43
Market cap: $1,515,089,334
Trading Volume: $421,361,038
7-day profit and loss: 14.25%

Lido DAO
Lido DAO (LDO) price is trending upwards but the uptrend has been interrupted at the $3.00 resistance zone. Cryptocurrency prices have resumed their sideways trend after breaking below the moving averages and failing to break recent highs.

On the upside, the uptrend will resume once the LDO rebounds and breaks out of the $3.00 resistance. The Lido DAO is likely to fall as the price is below the moving averages. A drop to the lows of $1.40 is likely. Altcoins, on the other hand, are below the 20% range of the daily stochastic. The market has reached oversold territory. Selling pressure is likely to ease. This coin is his third weakest altcoin at the moment. It has the following features:

Current Price: $1.83
Market cap: $1,830,899,627
Trading Volume: $140,587,482
7 days profit and loss: 11.97%

synthetics
Synthetix (SNX) is in a downtrend as price breaks below the moving averages. After breaking below the moving averages, the coin is trading below the moving averages. Buyers tried to break out of the moving averages on Aug 29 but failed to break out of the $3.50 resistance. Altcoins have broken below the moving averages and may drop further.

Meanwhile, in the downtrend on Aug 20, retraced candlesticks tested the 61.8% Fibonacci retracement level. The retracement suggests that the SNX will fall to the 1.618 Fibonacci extension or $1.58. From price action, the altcoin is falling to revisit its previous low of June 18. It is at level 38 of the Relative Strength Index for period 14. This is in the downtrend zone and could drop further. However, SNX is the 4th weakest altcoin of the week. It has the following features:

Current Price: $2.65
Market cap: $771,796,277
Trading volume: $70,880,164
7 days profit/loss: 10.61%

curve DAO token
The Curve DAO Token (CRV) price has been trending downward and may drop further. Since Aug. 23, buyers have been retesting to break out of his $1.20 resistance. With each retest, the coin falls below the moving averages.

Today, the uptrend stops at the 21-day moving average. Meanwhile, in the downtrend on Aug 20, retraced candlesticks tested the 61.8% Fibonacci retracement level. The retracement suggests that the CRV will fall to the 1.618 Fibonacci extension or $0.67. The altcoin is at level 45 of the Relative Strength Index for period 14. This indicates that we are in a downtrend zone and that further declines are possible. It is the fifth weakest altcoin of the week. It has the following features:

Current Price: $1.06
Market cap: $3,511,736,552
Trading Volume: $132,313,635
7 Days Profit/Loss %: 9.93%

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September 15 Price Prediction: HNT, EOS, LDO, SNX, CRV

Source link September 15 Price Prediction: HNT, EOS, LDO, SNX, CRV