Ethereum
Are These Altcoins About to See a 100% Surge as Ethereum Regains Momentum?
With bullish sentiment rising, the cryptocurrency market posted positive price action for the second consecutive day, highlighting an increase in buying over selling pressure in the crypto space. Moreover, with Ethereum price maintaining its value above $3,000, altcoins regained momentum.
Additionally, mid-cap altcoins saw the highest gains, with major tokens recording double-digit gains over the past day, indicating an increase in price action in the crypto space.
Are you considering investing in TIA and UOS cryptocurrencies but are 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 See A Major Breakout!
Following the current market turbulence, TIA price has seen a 7.79% increase in valuation over the past day with a trading volume of $255.948 million, a change of +25.08%. Additionally, the altcoin has surged by 16.77% over the past week, indicating an increase in bullish action.
TradingView: TIA/USDT
The Simple Moving Average (SMA) has registered a bullish curve in its 1D price chart, suggesting increased positive sentiment for the Celestia crypto in the market.
The technical indicator, MACD, is showing a steady rise in the green histogram, indicating an increase in buying over selling pressure in the crypto space. Additionally, the averages are registering an uptrend, suggesting that the TIA price will continue to gain value this week.
If the market continues to move under a bullish influence, Celestia price will prepare to test its upper resistance level of $10,640 this month. Conversely, a bearish price action could pull the TIA coin price towards its low of $4,850.
Ultra (UOS) price is showing a strong bullish reversal:
Amid rising prices in the cryptocurrency sector, this Ethereum-based altcoin has seen a rise of around 12% over the past day. Moreover, with a market capitalization of $39.058 million, the price of UOS has managed to reach the 587th position in the global cryptocurrency list.
TradingView: UOS/USDT
The Relative Strength Index (RSI) has posted a sharp rise on its price chart, indicating an increase in price action for the UOS crypto. Additionally, the average is showing a bullish curve above its oversold range, highlighting an increase in bullish power.
If the bulls continue to outpace the bears, Ultra price will gear up to test its resistance level at $0.15740 in the coming weeks. However, if the bears regain momentum, this altcoin will gear up to test its crucial support level at $0.07880.