DOGE, AR, LRC, OKB ແລະ CHZ ນໍາພາຕະຫຼາດ Crypto ເພີ່ມຂຶ້ນ

BeInCrypto takes a look at five projects that beat the crypto market last week, more specifically, from Oct. 28 to Nov. 4. 

These five cryptocurrencies have taken the crypto news and crypto market spotlight:

  1. Dogecoin (DOGE) ລາຄາເພີ່ມຂຶ້ນ 47.97%
  2. Arweave (AR) ລາຄາເພີ່ມຂຶ້ນ 44.78%
  3. ທາງແລ່ນ (LRC) ລາຄາເພີ່ມຂຶ້ນ 46.05%
  4. OKB (OKB) ລາຄາເພີ່ມຂຶ້ນ 28.35%
  5. ຊິລິຊ (CHZ) ລາຄາເພີ່ມຂຶ້ນ 27.99%

DOGE Breakout Leads Crypto Market

The DOGE price had decreased below a descending resistance line since its all-time high price of $0.738 in May 2021. The decrease led to a minimum price of $0.049 in June 2022. 

Afterward, the DOGE price started showing bullish signs in the form of a long lower wick and a double bottom pattern. Furthermore, the weekly RSI generated bullish divergence (green line).

These led to a breakout on Oct. 27, potentially signaling a bullish reversal. Afterward, the DOGE price reached a high of $0.158.

However, it was rejected by the $0.15 resistance area (red icon) and has been decreasing since.

In any case, the price movement seems bullish due to the breakout the long-term resistance line and the breakout of the RSI. A weekly close above $0.15 would accelerate the rate of increase.

On the other hand, a fall below the pre-breakout lows (red line) of $0.056 would invalidate the bullish hypothesis.

AR Price Reaches Range High

The AR price has been moving upwards since June 18.  On Oct. 11, it created a higher low, validating the slope of an ascending support line in the process. 

Afterward, the rate of increase accelerated further on Nov. 2, leading to a high of $17.80 the next day. 

Despite the increase, AR failed to break out from the $16.50 horizontal resistance area (red icon) and created a long upper wick. This was the fifth attempt at doing so. A daily close above this area would be expected to quicken the increase towards $26.20. 

On the other hand, failure to do so would likely cause AR to fall towards the ascending support line once more.

LRC Price Attempts Breakout

Loopring is the only cryptocurrency part of the decentralized finance (Defi) category on this list. Its price has been decreasing underneath a descending resistance line since May 23.

The downward movement led to a low of $0.265 on Oct. 13. Afterward, the ລາຄາ LRC began an upward movement that accelerated on Nov. 4, leading to a high of $0.405. 

More importantly, the upward movement caused a reclaim of the $0.34 horizontal area, even though the LRC price has yet to reach a daily close above it. 

A breakout from the line could trigger a sharp increase towards $0.60. Conversely, failure to close below the $0.32 area would be a bearish development, likely leading to new lows.

OKB Price Breaks Out From Ascending Triangle

OKB traded inside an ascending parallel channel with resistance at $17.40 since Sept.7. After three unsuccessful attempts, the price broke out on Nov. 3 and reached a high of $23.

However, it was rejected by the $22.30 area (Red icon) and has been decreasing since.

Due to the creation of such a long upper wick, it is possible that OKB will consolidate between $22.30 and $17.40.

CHZ Could Be Long-Term Crypto Market Gainer

CHZ has been increasing since bouncing and creating a long lower wick on Oct. 13. On Oct. 19, it broke out from a descending resistance line and accelerated its rate of increase. 

The CHZ price has reclaimed the $0.222 resistance area and validated it as support. Currently, it is in the process of moving above the 0.618 Fib retracement resistance level at $0.236.

ເວັ້ນເສຍແຕ່ວ່າ ຊິລີ price reaches a close below the $0.222 support area, the ການຄາດຄະເນລາຄາ CHZ ຍັງຄົງມີທ່າອຽງ.

ສໍາລັບ BeInCrypto ຫຼ້າສຸດ Bitcoin (BTC) ແລະການວິເຄາະຕະຫຼາດ crypto, ກົດ​ບ່ອນ​ນີ້

ການປະຕິເສດຄວາມຮັບຜິດຊອບ: BeInCrypto ພະຍາຍາມໃຫ້ຂໍ້ມູນທີ່ຖືກຕ້ອງແລະທັນສະໄຫມ, ແຕ່ມັນຈະບໍ່ຮັບຜິດຊອບຕໍ່ຂໍ້ເທັດຈິງທີ່ຂາດຫາຍໄປຫຼືຂໍ້ມູນທີ່ບໍ່ຖືກຕ້ອງ. ທ່ານປະຕິບັດຕາມແລະເຂົ້າໃຈວ່າທ່ານຄວນໃຊ້ຂໍ້ມູນນີ້ຢູ່ໃນຄວາມສ່ຽງຂອງທ່ານເອງ. Cryptocurrencies ແມ່ນຊັບສິນທາງດ້ານການເງິນທີ່ມີການປ່ຽນແປງສູງ, ດັ່ງນັ້ນການຄົ້ນຄວ້າແລະການຕັດສິນໃຈທາງດ້ານການເງິນຂອງທ່ານເອງ.

ຂໍ້ສັງເກດ

ຂໍ້ມູນທັງ ໝົດ ທີ່ມີຢູ່ໃນເວບໄຊທ໌ຂອງພວກເຮົາແມ່ນຖືກເຜີຍແຜ່ດ້ວຍຄວາມຈິງໃຈແລະເພື່ອຈຸດປະສົງຂໍ້ມູນທົ່ວໄປເທົ່ານັ້ນ. ການກະ ທຳ ໃດໆທີ່ຜູ້ອ່ານປະຕິບັດຕາມຂໍ້ມູນທີ່ພົບໃນເວບໄຊທ໌ຂອງພວກເຮົາແມ່ນມີຄວາມສ່ຽງຂອງພວກເຂົາເອງ.

Source: https://beincrypto.com/doge-ar-lrc-okb-and-chz-lead-the-charge-in-crypto-market-rally/