September 17 Price Prediction: CEL, CHZ, QNT, ATOM, KNC

Altcoin prices have been trending upwards this week but are facing challenges at their respective overhead resistance levels.The bear market is far from over as the cryptocurrency continues to fall. Macroeconomic factors are contributing to the selling pressure on Bitcoin and Altcoin prices. The strongest altcoins below are under selling pressure as cryptocurrencies struggle to stay above their moving averages. Let’s discuss the strongest altcoins of the week.

Celsius
Celsius (CEL) has been revised down as it has settled between the moving averages. In the first uptrend, the altcoin rose to the highs of $4.00 before rebounding. Buyers failed to sustain their bullish momentum as the market reached overbought territory. The cryptocurrency plummeted to a low of $0.84 as the bulls bought the dip.

In the second uptrend, the cryptocurrency price moved above the moving averages but well below the 50-day SMA. Altcoins will be forced to range bound between the moving averages for a few more days. CEL is below the 50% range of the daily Stochastic. This indicates that the market is in bearish momentum. The strongest altcoin of the week. It has the following features:

Current Price: $1.54
Market cap: $1,071,104,505
Trading Volume: $29,205,807
7-day profit and loss: 16.26%

 

chili’s
The price of Chiliz (CHZ) is on an upward trend, reaching a high of $0.25. Cryptocurrencies resumed their sideways move as altcoins rallied in the overbought region of the market. Bullish momentum has regained as buyers pushed his CHZ above the moving averages.

The uptrend will resume once the buyers break out of the $0.25 resistance. The market will see him reach a high of $0.3366. On the other hand, if overhead resistance remains uninterrupted, lateral movement continues. Meanwhile, CHZ is at level 56 of the Relative Strength Index for period 14. This indicates that altcoins will rise. It is the second strongest altcoin of the week. It has the following features:

Current Price: $0.2149
Market cap: $1,909,733,771
Trading Volume: $482,703,050
7 days profit/loss: 6.49%

Quants
Quants (QNT) are revised down as they fluctuate between the moving averages. Altcoins trend when the price crosses the moving averages. For example, if the price breaks out of the 50-day line SMA, the altcoin will move higher and reach the previous high of $133.33 again.

The QNT will fall to $86 after breaking the 21-day line SMA. The altcoin is above his 70% range on the daily stochastic. It shows that the market is in a bullish trend zone. However, QNT is the third strongest altcoin in a week. It has the following features:

Current Price: $106.91
Market cap: $1,561,762,217
Trading Volume: $33,201,143
7 Day Profit %: 4.07%

universe
Cosmos (ATOM) prices are trending upward. Since June 14th, the crypto price has made a series of highs and lows. Today, cryptocurrency prices are facing resistance at recent highs. The uptrend will resume if the bulls break out of the current resistance level.

Cosmos is likely to rise to a high of $25.63. If buyers fail to break out of recent highs, sellers control the price. The uptrend ends when the price breaks below the moving averages. Level 63 of the Relative Strength Index for period 14. This indicates bullish momentum as ATOM approaches the overbought territory. Cosmos is the 4th strongest altcoin this week. It has the following features:

Current Price: $16.15
Market cap: $4,623,830,066
Trading Volume: $827,337,030
7-day profit and loss: 2.01%

Kyber Network Crystal v2
Kyber Network Crystal v2 (KNC) has been on an upward trend since June 30th. Cryptocurrency prices are making new highs and lows. Altcoins rose to a high of $2.09. It’s now discounted to a low price.

Nevertheless, the uptrend continues as long as the price bar remains above the moving averages. In a downtrend, the uptrend can end if the price breaks below the moving averages. KNC is above the 68% range of the daily Stochastic. This indicates that the market is in bullish momentum. This is his 5th strongest altcoin this week. It has the following features:

Current Price: $1.96
Market cap: $348,505,116
Trading volume: $58,547,870
7 days profit/loss: 1.80%

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September 17 Price Prediction: CEL, CHZ, QNT, ATOM, KNC

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