Recently, besides the biggest cryptocurrencies such as Bitcoin and Ethereum; smaller cryptos are gaining interest. In this article, we will convey the expectations of analysts for ApeCoin (APE), Helium (HNT), and Kyber Network Crystal (KNC). Here are the details…
What are the next levels for ApeCoin (APE)?
The price of ApeCoin (APE) has recently struggled with USDT, with its price being rejected at $7.5. cryptocoin.com As we reported, Bitcoin jumped from $ 18,500 to $ 21,000. Thus, he showed great strength. This move had a positive impact on ApeCoin (APE), as well as most cryptocurrencies. The price fell to $4 after APE fell from its all-time high of $27.5. APE price then formed a good support at $4, which seems to be an area of interest for buyers and investors.
APE price closed the week with indecision among buyers and sellers. This shows the strength of recovery, with the new week’s more bullish outlook, according to James Obande, an analyst. With this momentum coming from the APE, we may revisit the $7.5 mark, where the price will face resistance. APE’s price was rejected at $7.5 as its price dropped to $4. After that, it bounced and rose to $5.1. At this point, it faced resistance at $5.4.
APE remains bullish after breaking a symmetrical triangle with bullish signs. Meanwhile, the resistance level is at $5.5. The support level is around $4.
Will the KNC price rise to $3?
Kyber Network (KNC) struggled to be rejected by the price at $5.5. According to the same analyst, KNC’s price has struggled to replicate the recent bullish move that saw the price surge to $5.5 as the price rally with a good bullish sentiment. KNC struggled to stay afloat after falling from $5.5 to $1. KNC’s price formed a good support at $1, which seems like a good zone for most traders to place a buy order.
KNC’s price may be ready to end the week on a more bullish note ahead of a new weekly candle. With such a positive sentiment, we can see KNC reach $3. KNC’s price is facing resistance at $1.95 as the price fails to trend higher. If KNC changes this zone, we could see the price rally to $2.5-3 or even higher. The analyst marks $2.5-3 as resistance and $1 as support for KNC.
Will Helium push $12?
Helium (HNT) has dropped from its all-time high of $50 to $5, despite a strong bullish run in recent months. HNT struggled to replicate its recent move which saw the price spike to $50 with a strong bullish sentiment. After falling from $50 to $4, HNT struggled to stay afloat. HNT formed strong support at $4, which seems like a good area for most traders to place a buy order.
According to the analyst, the price of HNT may close the week on a higher note before a new weekly candle. So HNT could reach $8 and possibly $12. The analyst says that HNT price is facing resistance at $6.5. According to the expert, if HNT changes this zone, we could see the price rise to $8-10 or even higher. The analyst marks the resistance level at $7 and the support level at $4.5 for HNT.
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