![]() XDC Network (XDC) price is down and may continue to fall. Some of the characteristics are as follows: It has the third highest profit margin of all cryptocurrencies. It has strong momentum above the Daily Stochastic threshold of 75. If sellers emerge in the overbought area of the market, IOTA will come under renewed selling pressure. At the time of writing, the altcoin is trading at $0.16. If the price breaks above the 50-day simple moving average, the altcoin will resume its uptrend. Further gains are unlikely as the market has reached the overbought zone. Unfortunately, the cryptocurrency got tangled in the moving average lines. Bulls bought the dips, and MIOTA started to rise. Selling pressure has eased since the altcoin's low of $0.13 on August 17. A downward trend has been observed since February 20. The price of IOTA (MIOTA) is falling and has dropped significantly. Maker, the cryptocurrency with the second best performance, has the following characteristics: MKR is in the positive trend zone of the Relative Strength Index for the period 14 at level 55. In other words: If the cryptocurrency's price stays above the moving average lines, MKR will continue to rise. If the altcoin stays above the moving average lines, the positive momentum will extend to a high of $1,400. The rally has reached a high of $1,220.93. As the altcoin consolidated above the $1,000 support level, bulls pounced on the dips. The cryptocurrency was in decline, hitting a low of $980 on August 17. Maker (MKR) is making up ground as it returns above the moving average lines. It is the best performing cryptocurrency and has the following characteristics: If sellers appear in the overbought area of the market, the cryptocurrency value will fall. TON is trading above the daily stochastic threshold of 98. The altcoin is in an uptrend and has reached the overbought area of the market. At the time of writing, the altcoin has reached a high of $1.76. The retracement predicts that TON will rise to the Fibonacci extension of 4.236, or $2.59. A retraced candlestick tested the 23.6% Fibonacci retracement line of the August 16 rally. The price indication suggested that the cryptocurrency would continue to rise. The price of Toncoin (TON) continued to rise after breaking through the initial barrier of $1.50. Moreover, as the market enters an overbought condition, the upside moves are temporary. Market volatility is impacting the best-performing cryptocurrencies as altcoins struggle to regain previous support levels. Weekly cryptocurrency analysis of Toncoin, Maker, IOTA, XDC Network and Mantle brought to you by. ![]()
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