TRON (TRX), SingularityNET (AGIX), and SIAcoin (SC) delivered intense buying momentum and glimpsed signs of institutional buying. Apart from that, these cryptocurrencies have bottomed out, done their correction, and are readying to take part in the crypto bull run. Furthermore, a much-awaited movement was glimpsed, and investors are riding the rally, enjoying the gains.
TRON (TRX) Displays Range Breakout on Charts
TRON coin enlisted a range breakout, and a sharp follow-on buying momentum was noted with the rise in trading volume, indicating the investors’ interest. For the past weeks, the coin was in a consolidation phase, and a range breakout was glimpsed after a long time. Additionally, the coin has climbed above the make-or-break region of $0.1200, the supply zone, and is heading to reach $0.1500.
The TRON coin (TRX ) price was trading at $0.1358 at press time, with an intraday gain of 0.78%, and the market cap rose to $12.51 Billion, revealing bullishness on the charts. Analysts are bullish and suggest that the TRON (TRX) price will continue to extend the rally and may surpass $0.15000 soon.
The AGIX Price Exhibits a Rounding Bottom Pattern Breakout
SingularityNET (AGIX) token replicated a rounding bottom pattern breakout and has escaped the 52-week high mark of $0.6000. Afterward, the rally stretched over 20% beyond the highs, surpassing $0.7000. Moreover, the token has witnessed multiple bullish marubozu candlesticks, signs of institutional buying.
The AGIX token (AGIX) price was $0.7057 at press time, with a massive intraday gain of 34.78%. Its market cap rose to $788.46 Million, indicating bullishness on the charts. Analysts are bullish and suggest that the AGIX token (AGIX) price will continue to extend the rally and may reach $0.7500 shortly.
Siacoin (SC) Reveals Buyer Accumulation
Siacoin (SC) noted a reversal from the bottom zone of $0.002800 and attained sharp buying momentum in the past weeks. The coin held the gains and recovered over 300% despite a severe downtrend, resulting in a significant turnaround and a curse for the bears. The SC coin has escaped the supply zone of $0.01400, and a bullish crossover was noted.
The Siacoin (SC ) price was $0.01718 at press time, with an intraday gain of 2.67%. This cryptocurrency’s market cap rose to $940.56 Million, glimpsing bullishness on the charts. Analysts are bullish and suggest that the Siacoin (SC) price will persist in stretching the up move and may catch the highs of $0.02000 soon.
Summary
TRON (TRX), SingularityNET (AGIX), and Siacoin (SC) are glimpsing a rally, and the much-awaited breakout was reflected on the charts. Investors must watch out for the levels before making any positions before the rally ends.
Technical Levels
Support Levels of TRON: $0.1250 and $0.1180
Support Levels of AGIX: $0.7000 and $0.6800
Support Levels of SIACOIN: $0.01600 and $0.01500
Resistance Levels of TRON:0.1500 and $0.1600
Resistance Levels of AGIX: $0.7150 and $0.7300
Resistance Levels of SIA: $0.01800 and $0.02000
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
Source: https://www.thecoinrepublic.com/2024/02/22/tron-agix-and-sc-top-picks-to-buy-before-the-rally-ends/