CyberVeinToken (CVT)
$0.132316 (1.26 %) View coin |
Lisk (LSK)
$1.12 (0.15 %) View coin |
Swipe (SXP)
$1.16 (-0.70 %) View coin
Newsletter
28 September 2020

3 coins to keep an eye on | Issue #97

Hello everyone!

After covering an 8.57% range during the past week, Bitcoin closed at $10,780, only 1.29% below the weekly open. With the previous weekly lows now swept, bulls aim to reclaim $11,000 as bears prepare for a ride back to $10,000.

The altcoin marketcap rode alongside Bitcoin, dropping from $145 billion to $130 billion before climbing to end the week at $144 billion.

As the markets hang in uncertainty, here are three coins with events listed on CoinMarketCal to keep an eye on.

@tradeprophet


CyberVeinToken (CVT)

CyberVeinToken (CVT)

Price
$0.134886 (4.82 %)
฿0.00001236 (2.68 %)

Market Cap
$143 033 672
฿13 107.32

Volume (24h)
$2 497 000
฿228.82

Exchange
Crypto.com

It's been a wild, nearly 5,000% pump for CVT holders this year - but have the bulls run out of steam?

Last week, the price pumped upward through three key highs and the monthly open. The resistance near last week's high at $0.13 could allow bears to sell the MXC listing news, targeting down to weekly and monthly support at $0.09112 and $0.07748.

If the week instead brings bullish continuation, bulls have multiple support levels to watch for entries while targeting the all-time high at $0.14499. 

The monthly open at 0.11653 and area between the 62% to 79% retracements near $0.10 are likely to give support - along with the previous key levels broken during last week.


Lisk (LSK)

Lisk (LSK)

Price
$1.22 (2.52 %)
฿0.00011220 (0.60 %)

Market Cap
$154 239 592
฿14 134.20

Volume (24h)
$2 368 106
฿217.01

Exchange
Crypto.com

After retracing its Q3 gains, LSK could be finding support near the 62% retracement near the 2018 yearly low at $1.0504.

Bulls could enter on a test of support at the 62% retracement. Targets range from the key high at $1.29 to the highs at $1.449 and $1.5157 if the halving prompts further bullish continuation.

Bears could look for weakness in the current region and at probable resistances near $1.34 and $1.585 while targeting down to the quarterly lows at $1.003 and $0.8949.


Swipe (SXP)

Swipe (SXP)

Price
$1.66 (10.38 %)
฿0.00015195 (7.68 %)

Market Cap
$124 309 226
฿11 391.45

Volume (24h)
$251 059 294
฿23 006.56

Exchange
Crypto.com

After a thrilling ride during Q3, SXP devastated late bulls by retracing nearly 80% - but a bottom may be forming.

The price found support near $1, prompting a nearly 70% bounce last week and breaking a key high near $1.687. This break could set the stage for more bullish activity in the next couple of weeks.

Bulls anticipating a bottom could look for an entry near the previously monthly low, 70.5% local retracement, and 200 EMA near $1.42. Probable support also rests at the $1.2684 orderblock. The previous weekly high, near $1.972, provides a likely target.

Bears expecting downside could enter on weakness at the previous weekly high or recently broken key high at $1.687, with longer-term targets as far down as the quarterly lows at $0.5064.

No other news.
No upcoming event.

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