Price Analysis Gems (GEM), RXCGames (RXCG), and veDAO (WEVE)

The value of Gems (GEM) has observed a 254.20% uplift pushing its price up to its current value of $0.0006689 per GEM. The trading volume for Gems has also observed a 1468.08% elevation in the past 24-hours. Due to the uplift, the trading volume for Gems is now worth $56,145.

With high sentiments and positive intents of investors, Gems’ price may get raised to $0.001519 per GEM. The second round of rally initiated by the investors would make Gems’ run more bullish, bringing its unit price up to $0.002484.

If the positive intent of investors pays off, it would pay off in the form of elevated RSI and moving averages. This would result in elevating Gems to its third resistance mark of $0.003273 per GEM.

RXCGames (RXCG) is also among the high runners as it has observed a great push in the past 24-hours. The rally observed for RXCGames in the past 24-hours is 87.29%, and as of now, its price is at $0.0102 per RXCG. If the sentiments of the investors remain high and they remain on the side of the bulls, then RXCGames’ value may elevate to $0.01465.

If the current rally proves promising, then the investors would go for another major rally to raise RXCGames’ value. In this particular case, RXCGames’ second strong push may be represented by $0.01785 per RXCG figure.

Furthermore, the investors may take another shot at pushing RXCGames’ price higher. They may attempt to push RXCGames’ price to the third strong mark of $0.01980.

The next cryptocurrency observing a high trend in the past 24-hours is veDAO (WEVE). The value of veDAO has observed an 81.39% surge in the past 24-hours. Due to the surge, veDAO’s value has reached a value of $0.07592 per WEVE.

As for the trading volume, it is currently hovering over the $3.20 million mark. The trading volume has observed a 143.66% surge in the past 24-hours to reach this level.

The performance scale for veDAO is currently supporting positive sentiments. This means that it would be more profitable for the investors if they keep siding with the bulls. During the bullish period, veDAO may succeed in growing up to $0.08564 per WEVE.

This way, the veDAO bulls may succeed in strengthening their position among the investors, proving to be more promising than the bears. If the veDAO bulls manage to prove their might to the investors, then the investors would start investing in veDAO without any hesitation.

This would lead to hitting the second resistance mark for veDAO, which currently stands at $0.1045 per WEVE. Another major push executed by the bulls would help elevating veDAO to $0.1160 per WEVE.

Author: Jerry Dedmon

Jerry Dedmon is a new writer on Cryptocoin Stock Exchange, his articles are cryptocurrency news, analysis and blockchain news based. We recommend tuning in for Jerry's daily posts as they are always a great and interesting read.

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