- Celestia (TIA) Price Analysis
- Arweave (AR) Price Analysis
- Near Protocol (NEAR) Price Analysis
- Worldcoin (WLD) Price Analysis
- Hedera (HBAR) Price Analysis
Analysis of major cryptocurrency tokens shows significant price movements. Let's take a closer look at the current trends.
Celestia (TIA) Price Analysis
The TIA price is maintaining a steep ascending trend, withstanding bearish encounters after breaking above the falling edge. With the latest 12% increase, the price is believed to enter the crucial resistance zone between $7.2 and $7.5 any time from now. As the buying pressure has increased, the bulls are expected to push the prices beyond the range and sustain until the month-end and begin the Q4 trade with a double-digit figure.
Arweave (AR) Price Analysis
The AR price rebounded from the pivotal descending trend line, which resulted in a significant rebound to the resistance zone. The price has reached the upper resistance of the trend, which flashes the possibility of the indicator turning bullish. This move may also push the prices above $24, validating the start of a fresh upswing to reach $30.
Near Protocol (NEAR) Price Analysis
The price appears to be heading towards the local resistance between $5.542 and $5.66 which may complete the double-bottom pattern. The previous pattern resulted in a bearish pullback, but the buying volume has soared, mounting enough pressure. As a result, the price may remain elevated until it reaches the higher level. The major barrier could be at the 200-day MA at $5.822, which may offer a strong boost to the token to reach $10 in Q4.
Worldcoin (WLD) Price Analysis
After losing more than 86% of its value, the WLD price appears to be preparing for a bullish reversal in the next few days. The price has reached the upper bands of the supertrend while the Ichimoku cloud is about to undergo a bullish crossover. Therefore, as the current trade setup suggests, the Worldcoin price is primed to make a move above $2, which may further trigger a rally to reach $5.
Hedera (HBAR) Price Analysis
The HBAR price rebounded from the lower support of the falling wedge and is facing some hindrance in clearing the local resistance at $0.0581. However, the RSI is incremental, suggesting the price to maintain a healthy upswing and reach the upper resistance of the wedge which coincides with the pivotal resistance zone between $0.067 and $0.069. Once the bulls manage to trigger a breakout from these levels, then the HBAR price is believed to rise above the bearish influence and head towards higher targets.
Stable movements and indicator analysis indicate potential strengthening of some cryptocurrencies, despite current market challenges. Investors should consider these factors when making decisions.
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