Altcoins
Are These Altcoins Poised to See a 100% Surge as Ethereum Regains Momentum?
With the rising bullish sentiment, the cryptocurrency market has shown positive price action for the second consecutive day, highlighting the increase in buying-selling pressure in the cryptocurrency space. Furthermore, with Ethereum price holding its value above $3,000, altcoins have regained momentum.
Additionally, mid-cap altcoins have seen the highest gains, with the top tokens seeing double-digit gains over the past day, indicating an increase in price action in the cryptocurrency space.
Thinking of investing in TIA and UOS cryptocurrency tokens but worried about their future prospects? Scroll down because in this article, we have covered the price analysis and potential short-term price targets of these altcoins.
Celestia (TIA) Price Is About to Make a Major Breakthrough!
Amid the current market turbulence, TIA price has seen a 7.79% jump in valuation over the past day with a trading volume of $255.948 million, a change of +25.08%. Additionally, the altcoin has increased by 16.77% over the past week, indicating an increase in bullish action.
TradingView: TIA/USDT
The simple moving average (SMA) has been curving bullishly on its 1D price chart, suggesting a growing positive sentiment for the Celestia cryptocurrency in the market.
The technical indicator, MACD, shows a steady rise in the green histogram, indicating an increase in buying-selling pressure in the cryptocurrency space. In addition, the averages are recording a bullish pattern, suggesting that TIA price will continue to gain value this week.
If the market continues to trade under a bullish influence, Celestia price will prepare to test its upper resistance level of $10,640 this month. On the contrary, a bearish price action could push TIA coin price towards its low of $4,850.
Ultra (UOS) price shows strong bullish reversal:
Amidst the increased bullish price action in the cryptocurrency space, this Ethereum-based altcoin has surged by around 12% over the past day. Moreover, with a market cap of $39,058 million, UOS price has successfully grabbed the 587th position in the global cryptocurrency list.
TradingView: UOS/USDT
The Relative Strength Index (RSI) has shown a strong increase on its price chart, indicating an increase in price action for UOS cryptocurrency. Additionally, the average is showing a bullish curve above its oversold range, highlighting an increase in bullpower.
If the bulls continue to gain power over the bears, Ultra price will prepare to test its resistance level of $0.15740 in the coming weeks. However, if the bears regain momentum, this altcoin will prepare to test its crucial support level of $0.07880.