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After Bitcoin’s long journey to $53.000, crypto market heals itself to go up. Today some of coins on crypto market went up around 15% and some of are went down. What is going on with crypto market today? What metrics should we follow? Here are the details.
According to CoinMarketCap’s data Bitcoin trading around $51k. Bitcoin has risen as high as $50k after nearly two and a half years. Now altcoins are starting to come alive and some of them are making strong gains.
Flare (FLR):
Flare has risen almost 50% in just 4 days. Now its trading at $0.045. Flare has shown strong upgoing trend in last week and made their investors’ pocket wider. Now its looking to stay around that resistance.
Support level for FLR is $0.04 and resistance level is at $0.047.
Manta (MNT):
Manta had a bumpy road last week. MNT went up and went down so many times, but in last 2 days investors should be happy about rising. Last two days MNT has risen around 25%. Now its trading at $0.88.
Support level for MNT is around at $0.84 and resistance is at $0.97
Some of the cryptocoins not performed as well as MNT and FLR. Worldcoin and Filecoin has went down almost 10%. What levels shoul we follow for Filecoin and Worldcoin?
Filecoin (FIL):
Filecoin has went down around 5% today. Now its trading at $7.88.
Support level for FIL is at around $7.7 and resistance is at around $8.5.
Worldcoin (WLD):
Last week WLD has risen almost 250%. Uptrend started from 12 February and it went almost 2 weeks. This rise took WLD from $2.46 carried to $9.
The reason for the 9 percent decline can be called profit realization. However, the support level to be followed is 8 dollars, while the resistance is 9 dollars.
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