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- 1 Theta Network coin replicated a sharp-up move and witnessed a bullish crossover.
- 2 Bitcoin cash (BCH) pumps above $400, signifying the bull accumulation.
- 3 The FTM coin price glimpsed a range breakout and conveyed the buying momentum.
Theta token (THETA), Bitcoin Cash (BCH), and Fantom coin (FTM) signify the bullish bias and represent the investor interest. These crypto assets have glimpsed bullish sentiments, begun a bull run, and are ready to outperform in the upcoming sessions.
THETA Glimpses Sharp Bounce: Can THETA Reach $5?
The Theta Network coin (THETA) has glimpsed a sharp reversal and jumped above the $2 mark this week. The coin has witnessed a spike of over 35% this week and is glimpsing short covering moves. Moreover, the trend is intact, the THETA coin may continue to skyrocket, and bulls are targeting to reach the $5 mark soon.
The Theta coin (THETA) price was $2.95 at press time, with an intraday gain of 0.25%, delivering a bullish tone. Moreover, the trading volume increased by 35.30% to $452.39 Million, and the market cap rose to $2.95 Billion. Analysts are bullish and suggest that Theta network coin (THETA) has gained momentum and may continue to skyrocket gains in the following sessions.
BCH Displays Ascending Triangle Breakout: Can It Hold the $400 Mark?
The Bitcoin Cash coin (BCH) has witnessed an ascending triangle pattern breakout and sharply crashed the neckline hurdle of $400 this week. Moreover, the coin has crossed the 200-day EMA mark, revealing intense buying momentum. For the past weeks, the coin has been upholding the gains and forming the higher high swings, and it has now succeeded in its mission.
The Bitcoin Cash coin (BCH) price was $407.41 at press time, with an intraday drop of 8.95%, showing bull accumulation on the charts. Moreover, the trading volume increased by 15.62% to $1.24 Billion, and the market cap rose to $7.76 Billion. Analysts are bullish and suggest that BCH coin (BCH) has surpassed $400 and may continue to stretch the up move and will retest $500 soon.
FTM Reveals Range Breakout: Can Bulls Overtake $0.7000?
The Fantom coin (FTM) has exhibited a range breakout, and a bullish crossover was spotted on the charts. The price action signifies the roller coaster move for the past weeks, and a sudden spike was noted. Following the market surge, the FTM coin price strengthened and led to a breakout.
The Fantom coin (FTM) price was $0.6772 at press time, with an intraday gain of 2.44%, showing bullishness on the charts. Moreover, the trading volume increased by 30.19% to $547.80 Million, and the market cap rose to $1.19 Billion. Analysts are bullish and suggest that Fantom coin (FTM) has moved out of range and may soon deliver a rally above the $0.7000 mark.
Summary
The Theta token (THETA), Bitcoin Cash (BCH), and Fantom coin (FTM) witnessed massive spikes and caught buying momentum this week. Furthermore, these cryptocurrencies have triggered a breakout and are ready to jump in the following sessions. Investors must watch out for these crypto assets and look at the below-mentioned levels before entering the trade.
Technical Levels
Support Levels of THETA:$2.60 and $2
Support Levels of BCH: $400 and $385
Support Levels of FTM: $0.6700 and $0.6500
Resistance Levels of THETA: $3.10 and $3.40
Resistance Levels of BCH: $430 and $450
Resistance Levels of FTM: $0.6800 and $0.7000
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
