CandleFocus

Weekly Cryptocurrency Market Analysis: Short-Term Altcoin Support Intact As Recovery Begins

Author: Content Editor
The given content provides a summary of the performance and price movements of various altcoins in the cryptocurrency market.

1. GOAT (Goatseus Maximusis): - Currently trading in a bull market and on an uptrend. - Previously in a sideways trend between $0.20 and $0.50. - Broke through resistance at $0.50 and reached a peak of $0.91. - Currently oscillating between $0.60 support and $0.90 resistance.

2. SAFE (Safe): - Price is rising after falling to a low of $0.61. - Reached a high of $1.85 and expected to rise back to previous high of $2.70. - Currently trading above support of $1.60 but below the high of $1.80.

3. APE (ApeCoin): - Recovering after falling to $0.47. - Reached a high of $1.70 but rejected three times. - Continues positive price action and reached a high of $1.24.

4. RAY (Raydium): - Recovering from decline. - Reached a high of $3.09 but currently halted at $3.20. - Trading above support level of $2.80 but below $3.20.

5. MEW (cat in a dog's world): - In an uptrend after breaking through resistance at $0.006. - Reached a high of $0.0116. - Currently trading below the high and will rise if it finds support above $0.006.

Disclaimer: The analysis and forecast provided are personal opinions and not a recommendation to buy or sell cryptocurrencies. Readers should conduct their own research before investing.

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