Dogecoin (DOGE)
Dogecoin (DOGE)
$0.096623 (-1.93 %) Ver moneda |
Pundi X [OLD] (NPXS)
Pundi X [OLD] (NPXS)
$0.000089 (31.85 %) Ver moneda |
Secret (SCRT)
Secret (SCRT)
$0.795392 (1.02 %) Ver moneda
Boletin de Noticias
15 feb. 2021

3 coins to keep an eye on | Issue #117

Hello everyone!

Bitcoin covered a 30.6% range before closing near $48,680, approximately 25% higher than last week's open.

Meanwhile, the altcoin marketcap exploded from $450 billion to $597 billion before beginning the new week with a retracement near $557 billion.

March tends to be a slower or bearish month for Bitcoin, and altcoin seasons sometimes end or slow down during the second half of the month. 

While traders should be cautious after early-February's euphoric bull runs, here are three altcoins selected by the community with events during the next week to keep an eye on.

@tradeprophet


Dogecoin (DOGE)

Dogecoin (DOGE)

Price
$0.060156 (-1.81 %)
฿0.00000124 (-1.00 %)

Market Cap
$7 685 491 154
฿158 958.37

Volume (24h)
$4 432 721 891
฿91 630.29

Exchange
Crypto.com

Last week retested the high of DOGE's 1,100% January pump to $0.0875.

Despite highly manipulated price action, traders could still hunt for lower-timeframe longs. Monday's retest of the area between $0.0543 and $0.0489 showed some signs of support. 

The area between $0.0432 and $0.0398 contains a gap that overlaps with the 0.705 retracement, which increases its chances of giving support. The level near $0.0363 could also form support, although with a higher risk of breaking on a retrace to January's open.

While the higher-timeframe market structure remains bullish, probable resistance has formed between $0.061 and $0.075, particularly between $0.063 and $0.067. Traders satisfied with their profits could look to exit here if the price returns to this level. 

More hopeful bulls could aim for the highs near $0.088. If the price breaks through this level, it could reach the 0.27 extension near $0.105, with a sustained breakout possibly touching the 1.0 extension near $0.152.

Trade DOGE on Huobi and claim your $170 bonus


Pundi X [OLD] (NPXS)

Pundi X [OLD] (NPXS)

Price
$0.000952 (2.64 %)
฿0.00000002 (3.73 %)

Market Cap
$227 516 506
฿4 758.04

Volume (24h)
$54 223 891
฿1 131.05

Exchange
Crypto.com

February provided NPXS holders with a respectable 233% returns before the price returned to a range around $0.001 to consolidate.

Monday retested a lower-timeframe 0.62 retracement level, which overlaps with a gap beginning at $0.000811. This level could provide support during the consolidation and potentially offer an aggressive entry on a local lows retest.

The gap near $0.000656 provides a lower risk-reward entry, while a full retrace of January's move could reach probable support near $0.000486, just above the February monthly open.

The recent equal highs near $0.00109 cap a resistance area down to $0.00107 while providing a likely near-term target. Probable resistance technically reaches up to the last significant swing high at $0.00135. Still, a break of this resistance could reach the 0.27 extension at $0.00158 and potentially the 1.0 extension at $0.00221.

Trade NPXS on Huobi and claim your $170 bonus


Secret (SCRT)

Secret (SCRT)

Price
$2.40 (7.54 %)
฿0.00005005 (8.53 %)

Market Cap
$167 916 064
฿3 511.62

Volume (24h)
$13 385 320
฿279.20

Exchange
Crypto.com

SCRT launched nearly 180% upward during February before retracing on Monday to the gap beginning near $2.114.

Below this gap, the next likely areas of support begin at $1.447 and $1.33 in the consolidation that spawned February's bullrun.

Equal highs near $2.841, over the resistance beginning near $2.613, provide a tempting first target. February's swing high near $3.00 gives a second target. A move through these levels could reach the .27 extension near $3.162. 

If the current support holds, overlapping extensions near $3.649 and $4.052 could hint at the next resistance areas.

Trade SCRT on Huobi and claim your $170 bonus

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