Ondo

bullish

Strong

Helium

<p>The post <a href="https://coinpedia.org/price-analysis/altcoins-poised-for-a-strong-upswing-sui-ondo-and-hnt-prices-may-maintian-a-strong-ascending-trend/">Altcoins Poised for a Strong Upswing: SUI, ONDO, and HNT Prices May Maintian a Strong Ascending Trend</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The crypto markets have shown a huge disparity in recent times as the major tokens are fluctuating within a narrow range. The bulls are failing to elevate the levels, while the bears are waiting for the right time to enter. With this, the top tokens have maintained a horizontal consolidation but some of the other altcoins have been witnessing a notable rise in their strength.&nbsp;</p> 
<h2 class="wp-block-heading" id="h-sui-sui-price-analysis">Sui (SUI) Price Analysis</h2> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcWusnJXw_XaPANS0oVQPxGcE0O32y6W20_I9plVcMd9mWsirTuPUzomLLDMdZvxmN-LR4ApfnVZN8-nM9bpCcB3BJ0fa2QOJklry34DtiotrRAvW50_cB_Yt-bi1xw9KdzJC_YmkeQp8i2ux_mrUbBXeja?key=-gKZn4DaHeRJ4hgdWhibIg" alt="">
</figure> 
<ul class="wp-block-list"> 
 <li>SUI price has been training within a descending parallel channel for quite a while. The recent upswing has helped the price to rise above the resistance</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>The RSI is elevated which suggests the price may continue to maintain an ascending trend ahead and reclaim $1 anytime from now</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>However, the MACD displays a rise in buying pressure, which may keep up the momentum throughout the weekend</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>After reaching $1, the token may experience some bearish pullback but the resistance of the channel may offer a strong base to trigger a rebound and maintain a steep ascending trend</li> 
</ul> 
<h3 class="wp-block-heading" id="h-ondo-ondo-price-analysis">Ondo (ONDO) Price Analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXetnLdg6aMrEfqCg8JITq-oXn9MuH7d5AxvUElKnRXFf6fiTxXM7N4LeQ8osc548i_GnKTfjL3tVjWXltNGOlkvobF12mzSp-CEjQNIL-WAqjH5FsxJsd4DcJgiMo1INEqNQEm4jc4lGfbymSAgT9c55l_e?key=-gKZn4DaHeRJ4hgdWhibIg" alt="">
</figure> 
<ul class="wp-block-list"> 
 <li>The recent pullback has caused the ONDO price to drop below the ascending trend line that acted as a strong base over the past few months</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>Despite this, the price rebounded quickly after plunging below the 0.38 FIB level and appears to be poised to rise above 0.5 FIB at $0.836</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>The volume remains in the bullish favour and hence the price is expected to sustain above the gains</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>Once, the bulls revive a fine rise above 0.5 FIB, reclaiming $1 may not be a tedious job for the Ondo price rally</li> 
</ul> 
<h3 class="wp-block-heading" id="h-helium-hnt-price-analysis">Helium (HNT) Price Analysis</h3> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXffYptSwnMnxuF--fZ6PtLoE9a8WPb0GB7NzZOTKqALvWa0hAXccuobelDF86nwmDiPTSnS41fpYQCHVh7BHGkl4ky93yKiVdJ8Ig0Otf5pWBE9N7FerbzDNNiizbA_C_OH09RQaBelg6b6Q1H4u_F4HJs?key=-gKZn4DaHeRJ4hgdWhibIg" alt="">
</figure> 
<ul class="wp-block-list"> 
 <li>The HNT price has broken the bull flag during the recent upswing which has elevated the levels to the upper resistance zone between $6.8 and $6.9</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>The token failed to surpass these levels which has elevated the bearish pressure but the bulls are offering a strong base which has held the rally close to the resistance</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>The RSI has undergone a bearish divergence after reaching the upper threshold, which may cause the levels to face some pullback</li> 
</ul> 
<ul class="wp-block-list"> 
 <li>This could cause the levels to drain slightly close to $6 which could trigger a rebound back to $7 which may keep up the trend above $7.5</li> 
</ul>

Altcoins Poised for a Strong Upswing: SUI, ONDO, and HNT Prices May Maintian a Strong Ascending Trend

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