Cryptocurrency price prediction today Mar 15th: the ongoing bullish rally in the market has assisted several crypto coins to recover their losses witnessed during the February-early march correction phase. Amid this recovery, the following tokens from the top 100 cryptocurrencies by market cap have showcased the highest gain in the last 24 hours.
As of 8:14 am on Wednesday, the global cryptocurrency market capitalization has experienced an uptick of 0.48%, and now currently stands at the $1.09 trillion mark. In addition, the total volume of the crypto market has risen to $$100.07 Billion, reflecting a 13.4% increase since yesterday.
In the daily time frame chart, the SingularityNET token showed a V-shaped recovery from the $0.3-$0.295 support zone. The bullish reversal recorded a 90% growth in the last five days and undermined the early March sell-off.
As of now, the AGIX price trades at $0.5 and challenges the last swing high resistance of $0.557. Interested traders may find a long-entry opportunity after a daily candle closing above $0.557.
The conflux coin rising for four consecutive days has entirely recovered the loss witnessed during the last correction phase. Currently, the CFX price trades at $0.311 and tries to breach the last swing resistance of $0.365.
However, a high wick rejection attached to the daily candle indicates the sellers are defending the aforementioned resistance. Thus, if the market sentiment remains bullish a minor pullback to $0.24 is plausible before the actual breakout.
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The Stacks coin price has witnessed an 85% rally in the last five days, which now challenges the $1 psychological resistance. However, the coin price is witnessing strong supply pressure from the aforementioned resistance, indicating a possibility of a bearish reversal.
By press time, the STX price is currently exchanging hands at the $0.97 mark and shows a long-wick rejection attached to the daily candle. If this candle closes below the $1 mark, the STX may witness a minor pullback to $0.845.
Amid the recent recovery, the ImmutableX coin completes the handle formation of a famous bullish pattern cup and handle. The IMX price currently trades at $1.22 and challenges the pattern’s neckline resistance of $1.276.
However, the higher price rejection candle observed at above mentioned monthly resistance indicates the buyers are not ready for this breakout. Thus, the IMX price may pull back $1.12 support before reclaiming the $1.27 mark.
The post Cryptocurrency Price Prediction Today Mar 15th: SingularityNET, Conflux, Stacks, and ImmutableX Tokens Witnessed A Massive Surge of 25-30% appeared first on CoinGape.
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