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Breakout or breakout! These 4 cryptocurrencies may explode 100 times!

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Chicken Soup for the Soul

Don't complain, don't worry, don't give up.

When you encounter difficulties, change your environment and take a deep breath;

When you are confused, think from a different perspective;

Experience failure and try again with confidence.

Only by facing yourself, living an open-minded life, being tolerant of mistakes, and cultivating inner peace and wisdom can you achieve true happiness in life.

Now, we must also maintain this mentality, strengthen our beliefs, continue learning, and keep moving forward.

My personal opinion on Bitcoin:

Bitcoin is currently facing significant pressure around $55,500!

This rise above $ 55,000 is likely to be the last bull market this year, and it may enter a long period of decline. Even if there is an increase, it is difficult to see a strong rebound!

On the 4-hour chart , the Bollinger Bands began to shrink. Although both MACD and KDJ showed upward momentum, it looked like a futile struggle. The price of the currency may rise slightly, but it will be difficult to break through, and it may even fall below $30,000!

Current upper resistance: $56,300 Lower support: $53,000

4 Cryptocurrencies to Watch Right Now

OP

OP recently broke through the 30-day moving average of $1.40 and touched the 50-day moving average of $1.47 on September 8. The RSI rose to the midpoint, indicating that the short pressure has weakened. If OP can successfully break through the resistance level of $1.65, a new round of uptrend may begin, and the target price may reach $2.50!

HNT

HNT has been performing well recently! Bulls managed to hold the 30-day moving average at $7.21 on September 3. Although the RSI has shown a bearish divergence, HNT's uptrend remains solid as long as the price remains above $8.67. In the short term, if it breaks through $8.67, HNT may challenge the target price of $10!

SUI

SUI has touched the resistance line of the descending channel, which is the last line of defense for the bears! If the price turns down from the resistance line but the bulls can hold on near the moving averages, the market sentiment is likely to turn positive. SUI is expected to break out of the channel and hit the $1.20 level! However, if it falls below the 50-day moving average, the bears are likely to regain control.

UNI

UNI has performed exceptionally well recently! The 30-day moving average is currently hovering around $6.28, and the RSI is also close to the midpoint, showing that selling pressure is weakening. If UNI can break through the 50-day moving average of $6.5, it may have a chance to challenge $7.77 or even $8.36! Of course, if the rebound fails, UNI may fluctuate between $6.36 and $7.22 for a while.

Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.

If you want to know more about the secrets of wealth or have any questions, please follow the official account: Blockchain A Zheng

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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