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Bitcoin continues to rise and this is driving the crypto market higher. Today some of the cryptocoins stand out from the rest. SEI, BEAM, DYM, PYTH and DIA are got coins on the market. What are the resistances and support levels? Here are the market analysis and the details.
Crypto Market Analysis
SEI Analysis:
SEI has been earning its investors for a few days. Currently trading at $0.97 according to TradingView data, SEI’s support and resistance zones are $0.8 and $1.
BEAM Analysis:
According to TradingView data BEAM currently trading at $0.031. Resistance level of BEAM $0.033 and support level is $0.027.
DYM Price Analysis:
As SEI and BEAM, DYM is also the standout cryptocurrency on the market. DYM currently trading at $8.24 according to TradingView. It was published on Binance on 6 February. DYM started trading at $0.2 in 9 days DYM rose about 4020%. DYM’s resistance level is $8.7 and support level is $7.8.
PYTH Price Analysis:
Yesterday PYTH stayed bullish and rose about 6%. Today PYTH investors realising their earnings and cryptocoin is down 2.7%. Resistance for PYTH is 0.68$ and support level is 0.6$.
DIA Price Analysis:
The past week has been a rollercoaster for DIA. Today, it rose 3 percent and earned its investors. While the support level in DIA is 0.43 dollars, the resistance level is 0.49 dollars.
With Bitcoin exceeding $52,000 and money flowing into the market, altcoins are on the rise. However, a possible bad data in the market may also lead to declines in all cryptocurrencies, especially Bitcoin.
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