The pieces even capitalized on the increase observed during last week, some tokens noting more than 100% of earnings. Thus, the coming week will probably attend new gains provided that the US CPI data to come is favorable to the cryptography market.
Beincrypto has analyzed three coins that investors should look in the future.
Osaka protocol (Osak)
Osak saw a significant increase of 44% last week, negotiating $ 0.0000,000,208. However, the same part is currently faced with resistance at $ 0.0000,000,210. This price barrier maintained stable last month, preventing other upward movements.
The exponential mobile average (EMA) is currently forming a golden cross, signaling an upward trend. This technical indicator suggests that OSAK could soon exceed its resistance at 0.00000000210, with a potential increase at 0.00000000234. If this happens, Osak could mark a summit of several weeks, attracting more attention from investors.
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If market conditions become unfavorable for cryptographic tokens, Osak could face continuous consolidation. In this case, the price can fall to 0.00000000164, invalidating upward perspectives.
Troll (troll)
Troll jumped 132% last week, currently negotiating at $ 0.195. The same corner set a new summit of all time (ATH) of $ 0.250 during this increase, showing a strong bullish dynamic. With the continuous interest of the market, Troll can aim to rely on this growth and to reach even higher price levels.
The parabolic SAR indicator, located under the candlesticks, signals an upward trend, which suggests that the positive impetus of Troll could continue. This Haussier signal could push troll in front of its $ 0.250 ATH, paving the way for a new ATH almost $ 0.300.
However, if the feeling of investors becomes a lowering, Troll can face the sales pressure. A drop below 0.174 support level could lead to a new drop, which can potentially have fallen to $ 0.104. Such a decision would invalidate current upward perspectives, signaling potential market correction.
Buildon (B)
Buildon experienced a remarkable increase of 33% last week, with an increase of 13% in the last 24 hours. The same Coin recently established a new summit of all time (ATH) at $ 0.675, reflecting a strong market dynamic. This escape indicates the potential of new price gains if the upward trend continues.
Currently, Buildon is negotiated above the support level of $ 0.646. A rebound in this support could help the meme piece to exceed its ATH, reaching $ 0.700. This level presents an opportunity for more in -depth growth if the broader conditions of the market remain favorable and that the confidence of investors remains strong.
However, if Buildon does not hold above $ 0.646, it could be downward pressure. A fall below this support would bring the price closer to $ 0.572, efforcing a large part of the recent gains. This scenario would invalidate upward perspectives, potentially signaling a market correction.
The pieces even post 3 watching in the second week of August appeared first on Beincrypto.
