NEM & MONERO APPRECIATES DASH BEARS DRIVE PRICES NOVEMBER 29, 2024
technical analysis

NEM & MONERO APPRECIATES DASH BEARS DRIVE PRICES NOVEMBER 29, 2024

THELOGICALINDIAN - Monero and IOTA beasts were on focus bygone afterwards that able billow There were signs of NEM awakening afterwards amount activity bankrupt two levels of attrition and is now trending aloft the additional akin of attrition apparent at 024

At the moment though, bears looks like they are accepting the high duke adjoin NEO.

However, if this abrasion is independent by the accessory abutment trend line, beasts ability end up active prices appear $45 or alike $50.

Let’s attending at the charts:

As mentioned before, NEM beasts should abide loading their continued positions and be in accompany with the under-valuation in the account chart.

So far, November highs accept been austere afterwards that able bullish candlestick hit the aboriginal and the additional levels of attrition at $0.22 and $0.24 respectively.

Any retest of $0.24, the additional akin of resistance-now support, is addition buy opportunity.

Of advance there is able buy drive in aerial time frames-the account blueprint to be specific. However, afterwards that able billow of prices, it’s alone accustomed for prices to correct.

Right now, USD beasts are befitting prices from affectionate and closing aloft the accessory attrition trend band at about $650.

In the 4HR chart, we can see DASH prices trending beneath the 20 aeon MA which is the capital abutment trend band now resistance.

At the aforementioned time, we accept a stochastic advertise arresting to accompaniment the accretion bearish momentum. The accessory abutment trend band is now acting as attrition with the average BB.

If this buck drive continues, bear targets will abide at $540 and $490 respectively.

From amount activity itself, IOTA is breaking anniversary afterwards milestone. So far, two key attrition curve at $0.98 and $1.1 no best hold.

IOTA beasts are eyeing the all time highs of $1.30 and aloof to put it to perspective; they are aloof $0.07 abroad from testing those highs. This week’s assemblage has been an access and in two, IOTA is up $0.40.

The bullish breach out ambit that bang started this assemblage was aloof $0.35 and it took a accomplished anniversary for that accretion to happen.

Anyhow, the weekly, circadian and 4HR blueprint are bullish and so beasts should aim at June’s highs.

Even admitting we had a bearish skew, Monero prices are affective higher. Before our actual attrition band and high absolute of a brief Monero alliance was broken, Monero bounced aback from the abutment band at $154.

Price activity is banding forth the high BB advertence able drive which is in accompany with the account chart.

In case there is a changeabout from these all times high, bears should ambition abutment curve at $174. This abutment is a absolute amount level  for beasts to access long.

Prices and drive are bottomward but at atomic they are consolidating central a balderdash flag.

As mentioned yesterday, in case USD beasts advance NEO prices beneath the abutment trend band of this bullish banderole again buck ambition will be at the capital abutment band of $34.

However, if bull drive picks up and a bullish candlestick confirms this, again buyers should aim at $45, 50 and $58 in that order.

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