CoinMarketCap has recently shared the technical analysis data on several cryptocurrencies demonstrating high performances in the past 24-hours. However, Revolotto (RVL) and Doge Rise Up (DOGERISEUP) have reportedly outperformed the rest of the cryptocurrencies in terms of their performances. Let us go through the analysis for these cryptocurrencies and see where they currently stand.
Investors Elevate Revolotto by 757.57%
On March 19, Revolotto stood at a low unit price of $0.01102 per RVL. However, the investors went for higher gains, which resulted in pushing the value of Revolotto to a much higher level.
As the investors keep increasing their buying power, the value of Revolotto may get pushed higher. With the sentiments of the investors growing positive and keep kicking in, the value of Revolotto may rise to $0.2819 per RVL.
The data suggests that the bulls are constantly going for higher acquisitions of Revolotto, and they are very active in converting other cryptocurrencies to Revolotto. These activities are clearly visible through the 3199.98% surge in the trading volume that has pushed it up to $1,141,500.
As the relative strength index for Revolotto grows over the midline, the value of Revolotto may surge to $0.4154 per RVL.
With the trading level as well as the sentiments of the investors rising in favor of Revolotto, its value has been pushed up to $0.5137 per RVL.
As for the negative sentiments, if the bears start exerting high pressure over the bulls and they are not able to sustain their position, then Revolotto may start plunging.
In this particular case, the first low price Revolotto may hit would be $0.1303 per RVL. This would push the bulls back and their sentiments may start turning bearish. This would eventually push the price of Revolotto down to $.1172 per RVL.
As the RSI and the moving averages become more bearish, the investors may start selling Revolotto at a high rate. This would push Revolotto down to the major support mark ($0.1055 per RVL).
Investors Elevate Doge Rise Up by 593.13%
The Doge Rise Up investors have been in very high spirits in the past 24-hours, which has allowed them to form a strong 593.13% rally. As a result of the rally, the value of Doge Rise Up has elevated from a low of $0.000000000587 to $0.000000004227 per DOGERISEUP.
As the investors keep accumulating more Doge Rise Up, its demand may continue surging. This would result in pushing the value of Doge Rise Up to a high of $0.00000001049 per DOGERISEUP.
As the bulls keep building up pressure against the bears and even the neutral investors start moving towards the bullish trend, Doge Rise Up may surge to $0.00000001827 per DOGERISEUP.
With more gains, the sentiments of more investors may continue getting pushed into the bullish zone. Such activity from the investors’ side would subsequently push Doge Rise Up to $0.00000002505 per DOGERISEUP.