IOTA (MIOTA)

After yesterday’s bull rally, IOTA (MIOTA) has eased up. In the last 24-hours, it has dropped from a high of $0.378 to a low of $0.359. This drop has seen it establish support at $0.361 on the 200-day MA, and has been ranging above it for the past 4-hours. To trade in IOTA (MIOTA), it would be best to wait for a clear break outside of this price level. If it breaks out to the downside, drops below the $200-day MA at $0.361 and extends below the day’s low of $0.359, it would be a signal to go short on IOTA (MIOTA). A short entry at this level would have a good exit point at $0.349. This is a key support level for IOTA (MIOTA) on the 4-hour 100-day MA. If it breaches it, it could possibly drop to $0.295 on the 4-hour 200-day MA.

However, in the scenario that IOTA (MIOTA) breaks out to the upside and pushes above the day’s high of $0.378, it would be an indicator of increased bullish sentiment. This would be a trigger to go long with a target of $0.398. This is a key resistance level for IOTA (MIOTA) on the 12-hour 200-day MA.

Cardano (ADA)

Cardano (ADA) has been on an uptrend for the past 72-hours. In this period, it has pushed from a low of $0.041 to a high of $0.049. However, in the last 12-hours, it has retraced, to test a low of $0.046, though it seems to be regaining bullish sentiment. To go long on Cardano (ADA), it would be best to wait for a break above the day’s high at $0.049. This would be an indicator that bulls are in control of the market. A long position along this level would have a good exit point at $0.057. This is a key resistance level for Cardano (ADA) on the 12-hour 200-day MA.

However, if upside momentum doesn’t hold and Cardano drops below the day’s low of $0.046, it would be an indicator that bears are back in control. This would be a trigger to go short with a target of $0.042. This is a key support level for Cardano (ADA) on the 4-hour 100-day MA.

XRP (XRP)

In the last 48-hours, XRP (XRP) has been on an uptrend. It has pushed from a low of $0.345 to a high of $0.372. However, in the past 12-hours, it has seen a slight correction to test a low of $0.357, but momentum remains bullish. To go long on XRP (XRP), it would be best to wait for a break above the day’s high of $0.372. This would be an indicator that bulls are in control. A long position at this price level would have a good exit point at $0.421. This is a key resistance level for XRP on the 12-hour 200-day MA.

However, if XRP (XRP) loses momentum and drops below the day’s low of $0.357, it would be an indicator that bears are in control. This would be a trigger to go short with a target of $0.355. This is a key support level for XRP (XRP) on the 200-day MA.

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