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Expert cryptocurrency analysis from our analysts
AXS momentum remains neutral at RSI 43.11 while MACD's positive histogram gives a bullish signal. Volume confirmation is awaited in the sideways trend below EMA20, as BTC's downtrend pressures altcoins.
SNX is approaching a critical support test at 0.31 in the daily downtrend, with RSI at 42.71 giving a slight recovery signal. Bitcoin correlation is dominant; a breakdown at 0.29 could trigger a deep drop.
DYDX at 0.09$ is near the critical 0.0868$ support, with downtrend prevailing. Resistances at 0.10$ EMA20 and 0.1535$ supply zone; BTC correlation increases downside risk.
DEXE is squeezed between the primary support at 3.0989$ and nearby resistance at 3.5265$ at the 3.30$ level. BTC's downtrend is pressuring altcoins; holding 3.0989$ is critical for the uptrend.
EGLD momentum is neutral with RSI at 40.75, although MACD positive histogram gives a bullish signal, it's bearish under EMA20. Trend strength is weak, BTC downtrend is suppressing altcoins.
BARD is maintaining its short-term uptrend above EMA20, supported by bullish MACD, while RSI carries overbought risk. Under BTC downtrend pressure, the 1.01$ resistance is critical; bullish target 1.50$, risk-controlled long recommendation.
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