Published 9 seconds ago
Cryptocurrency price prediction today Mar 15th: the ongoing bullish rally in the market has assisted several crypto coins to recover their losses witnessed during the February-early march correction phase. Amid this recovery, the following tokens from the top 100 cryptocurrencies by market cap have showcased the highest gain in the last 24 hours.
As of 8:14 am on Wednesday, the global cryptocurrency market capitalization has experienced an uptick of 0.48%, and now currently stands at the $1.09 trillion mark. In addition, the total volume of the crypto market has risen to $$100.07 Billion, reflecting a 13.4% increase since yesterday.
SingularityNET(AGIX)
Source- Tradingview
In the daily time frame chart, the SingularityNET token showed a V-shaped recovery from the $0.3-$0.295 support zone. The bullish reversal recorded a 90% growth in the last five days and undermined the early March sell-off.
As of now, the AGIX price trades at $0.5 and challenges the last swing high resistance of $0.557. Interested traders may find a long-entry opportunity after a daily candle closing above $0.557.
Conflux(CFX)
Source- Tradingview
The conflux coin rising for four consecutive days has entirely recovered the loss witnessed during the last correction phase. Currently, the CFX price trades at $0.311 and tries to breach the last swing resistance of $0.365.
However, a high wick rejection attached to the daily candle indicates the sellers are defending the aforementioned resistance. Thus, if the market sentiment remains bullish a minor pullback to $0.24 is plausible before the actual breakout.
Also Read: What Is Regenerative Finance (Refi) And Who Is It For?
Stacks (STX)
Source- Tradingview
The Stacks coin price has witnessed an 85% rally in the last five days, which now challenges the $1 psychological resistance. However, the coin price is witnessing strong supply pressure from the aforementioned resistance, indicating a possibility of a bearish reversal.
By press time, the STX price is currently exchanging hands at the $0.97 mark and shows a long-wick rejection attached to the daily candle. If this candle closes below the $1 mark, the STX may witness a minor pullback to $0.845.
ImmutableX(IMX)
Source- Tradingview
Amid the recent recovery, the ImmutableX coin completes the handle formation of a famous bullish pattern cup and handle. The IMX price currently trades at $1.22 and challenges the pattern’s neckline resistance of $1.276.
However, the higher price rejection candle observed at above mentioned monthly resistance indicates the buyers are not ready for this breakout. Thus, the IMX price may pull back $1.12 support before reclaiming the $1.27 mark.
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source: https://coingape.com/markets/cryptocurrency-price-prediction-today-agix-cfx-stx-and-imx-tokens-witnessed-a-massive-surge-of-30/