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.
- Content Editor ( coinidol.com )
- 2024-10-26
Weekly Cryptocurrency Market Analysis: Short-Term Altcoin Support Intact As Recovery Begins