According to the candlestick chart connected to the IOT/USD pair on tradingview [based on data obtained from the Bitfinex Exchange], this major virtual currency has continued consolidating for more than a month. Barriers may be felt near $0.2931, and initial support lies adjacent to $0.2595 for now. From 6th November onwards, the peaks tied to the Awesome Oscillator both possessed the green shade, which can be interpreted as a sign of relief brought about by buyers.
The daily RSI [for 14 periods] declined by 5 points to reach 50.07. This indicates that $MIOTA may venture toward oversold territory by mid-November. The MACD line is about to intersect with the signal line, which would prompt the histogram to switch and change color. A bigger plunge would bring $MIOTA towards $0.25.
— IOTA (@iotatoken) November 6, 2019
In accordance with the candlestick chart linked to the XMR/USD pair on tradingview [based on data drawn from the Poloniex Exchange], one can ascertain that buyers have begun to back $XMR although their pace has been remarkably gradual. This would be a perfect moment for HODLers to capitalize, as Monero looks to be on the verge of a major bull-run.
The barriers at $70.8432 may be broken soon. Initial support can be found near $56.1807. The daily RSI sits at 63.51 which indicates that Monero can potentially land in overbought territory shortly. The gap between the MACD line and the signal line has been reduced [although MACD’s descent hasn’t been noticeable], resulting in the creation of a faded green histogram.
For the past week, the Awesome Oscillator peaks have all been established north of the zero line. Their emerald shade signifies that bullish momentum is building.
— Justin Ehrenhofer (@JEhrenhofer) November 5, 2019
IOTA is ranked at #18 in the market to the north of Cosmos. So far, the price has decreased at a nominal rate of 2.25% in the course of the past 24-hours. The trading volume recorded is $6.629 million. As of this very moment, the total market cap of IOTA amounts to $764.801 million. $MIOTA itself is priced at $0.275155 for now.
Monero is positioned at #13 in the market and may head further north by the following week. The price climbed at a rate of 1.64% in a matter of hours; which, in turn, helped $XMR soar all the way up to the $65.04 mark where it currently holds. The trading volume recorded stands at approximately $293.853 million, whereas the supply has 17,295,986 XMR coins involved as part of circulation. The total market cap of Monero is $1.124 billion.