The cryptography market has made some improvements today, June 14, when investors bought the drop after Friday crash. The Bitcoin price had remained stable over $ 105,000, while the market capitalization of all the tokens reached 3.4 dollars.
This article provides a forecast of the upper cryptocurrencies such as Pocket Network (Pokt), the status (SNT), the MAP (MAPO) and Sky (Sky) protocol.
Price of pocket network prices
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The daily graph shows that the price of the pocket network has the bottom at $ 0.008425 in April. This rebound occurred after having gone through a period of prolonged consolidation which, in this case, was the period of accumulation of Wyckoff theory.
The Pokt price then increased after Upbit, the largest exchange of South Korean crypto listed it. He also jumped after the developers deployed a key upgrade. This overvoltage pushed it to a maximum of $ 0.0,975, its highest point since June 13 of last year.
The price of the pocket network then retired in the middle of the profits among cryptographic investors. He fell to a hollow of $ 0,04,650, his lowest point on June 9.
This withdrawal was part of the formation of the handle section of the cup and sleeve pattern. This cup has a depth of approximately 90%.
Consequently, the measurement of this distance on the upper side of the cut gives it a target of $ 0,1400, the highest swing since May 17. A drop below the support at $ 0.046 will invalidate the bullish view.
Status price forecasts
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The price of the status token reached the substance at $ 0.01598 in April while the crypto market arrived. It was a notable level because it coincided with the lowest swing in August from last year. It was the duplicate point whose neckline was $ 0.0849.
The status token has exceeded the 50 days and 100 days mobile averages. He has also exceeded the ascending trend line that connects the lowest swing since April 9.
The ascending trend will probably continue as long as it is above the two mobile averages and the ascending trend line. The key point to watch will be $ 0.056, the highest point on May 29, around 70% above the current level. A drop below the ascending trend line will invalidate the bullish view.
Technical analysis of the price of the card protocol
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The daily graph shows that the card protocol token fell to $ 0.0039 in April and suffered a consolidation as part of the Wyckoff theory of the theory. Friday, he became parabolic, reaching a summit of $ 0.010, his highest point on February 2.
This wave occurred after the token was added to Burrito Wallet, a leading wallet supplier.
The price of the card protocol remains greater than the exponential mobile average of 50 days and 25 days. The MacD and the relative force index (RSI) all pointed out and moved to the level of overchat.
Consequently, the most likely scenario is the place where the card protocol withdraws in the coming days while investors benefit from benefits. If this happens, the next point to watch will be $ 0,0060. A decision above $ 0.01 will invalidate the forecasts of Mapo Bearish.
Sky protocol price forecasts
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Sky Protocol, formerly known as Maker, made a background at $ 0.032 in February of this year. He formed an ascending channel, including a series of highest ups and upper stockings since March 9.
The current sky price is slightly below the upper side of the canal. He also slightly exceeded the EMA of 50 days and 25 days, while the MacD indicator pointed upwards.
Therefore, the token will probably continue to increase because the bulls target the level of key resistance to $ 0.10. The alternative scenario is the place where the price of the sky is withdrawn and retests the lower side of the canal at $ 0.070.
