Autor Cointelegraph By Rakesh Upadhyay

The United States equities markets and the cryptocurrency markets have started the new week on a strong footing. This suggests that investors expect the Federal Reserve’s possible 75 basis point rate hike in the Sept. 20 to 21 meeting to be priced in and it also could mean that investors believe inflation has peaked.Bitcoin’s (BTC) rally above $22,000 cleared the closely watched metric of the realized price, which according to Glassnode is at $21,700. The next major barrier on the upside is the 200-week moving average near $23,330. A break and close above this resistance could indicate that the bear market may be ending.Daily cryptocurrency market performance. Source: Coin360The current bear market has not driven away institutional investors who continue to believe in the long-term prospects of the asset class. One such example was given by Irfan Ahmad, the Asia Pacific digital lead for State Street’s crypto unit State Street Digital, who said that their institutional clients continued to place strategic bets in the cryptocurrency space in June and July. Could Bitcoin and altcoins continue their up-move in the near term? Let’s study the charts of the top 10 cryptocurrencies to find out.BTC/USDTBitcoin is attempting to form a bottom. Buyers pushed the price above the 20-day exponential moving average (EMA) ($20,831) on Sept. 9 and the 50-day simple moving average (SMA) ($21,944) on Sept. 12. This suggests that the bears may be losing momentum.BTC/USDT daily chart. Source: TradingViewIf buyers sustain the price above the 50-day SMA, the BTC/USDT pair could attempt a rally to the overhead resistance at $25,211. The bears are expected to defend this level with vigor. If the price turns down from this level, the pair could spend some time inside a large range between $18,626 and $25,211. During such periods of consolidation, the weaker hands sell their holdings fearing a further fall while the stronger hands buy expecting that a bottom may be close by. This completes the transfer of assets from the weaker hands to the stronger hands. After the accumulation is complete, the asset usually starts a new bull move.Another possibility is that the price turns down and breaks below the 20-day EMA. If that happens, it will indicate that traders continue to sell on rallies. The pair could then once again revisit the strong support at $18,626.ETH/USDTEther (ETH) broke above the overhead resistance at $1,700 on Sept. 9 but the bulls are facing stiff resistance at $1,800. This indicates that bears have not given up and they continue to sell at higher levels.ETH/USDT daily chart. Source: TradingViewThe bears will try to pull the price back below the moving averages while the bulls will attempt to defend this support. The 20-day EMA ($1,652) has started to turn up and the RSI is in the positive territory, indicating a minor advantage to buyers.If the price rebounds off the moving averages and rises above $1,800, the ETH/USDT pair could rally toward the overhead resistance at $2,000. Such a move will suggest that the pair may have bottomed out.Alternatively, if the price plummets below the moving averages, the advantage could tilt in favor of the bears. The pair could then decline to the neckline.BNB/USDTBNB turned up from $258 and climbed back above the neckline of the head and shoulders pattern on Sept. 7. This suggests that the breakdown may have been a bear trap.BNB/USDT daily chart. Source: TradingViewThe bears tried to stall the recovery at the 20-day EMA ($287) on Sept. 8 but the buyers bulldozed their way through and pushed the price above the moving averages on Sept. 9. The bears pulled the price below the 50-day SMA ($294) on Sept. 11 and 12 but bulls purchased the intraday dip. Both moving averages are sloping up gradually and the RSI is in the positive zone, indicating an advantage to buyers. If the price turns up from the current level, the BNB/USDT pair could rise to $308, which could again act as a resistance.Conversely, if the price breaks back below the 20-day, it will suggest that bears continue to sell on rallies. The pair could then drop to the neckline at $275.XRP/USDTRipple’s (XRP) tight range trading between $0.32 and $0.34 resolved to the upside on Sept. 9, and the price reached the 50-day SMA ($0.35) The bears are attempting to stall the recovery at this level but they have not been able to pull the price below the 20-day EMA ($0.34). This suggests strong buying at lower levels. XRP/USDT daily chart. Source: TradingViewThe 20-day EMA has started to turn up and the RSI is in the positive territory, suggesting advantage to buyers. If the price breaks and sustains above the 50-day SMA, the XRP/USDT pair could rally to $0.37 and later to $0.39. Buyers will have to clear this hurdle to signal a potential trend change.Instead, if the price turns down from the current level and breaks below $0.34, it will suggest that bears continue to sell on rallies. The pair could then decline to the strong support at $0.32.ADA/USDT Cardano (ADA) climbed back above the 20-day EMA ($0.48) on Sept. 7 and the bulls extended the recovery by pushing the price above the 50-day SMA ($0.49) on Sept. 9.ADA/USDT daily chart. Source: TradingViewThe ADA/USDT pair has been sustaining above the 50-day SMA for the past two days, indicating that traders are not booking profits as they expect the recovery to continue. If bulls push the price above $0.52, the pair could reach the downtrend line. The bears are likely to defend this level aggressively.If the price turns down from the downtrend line but rebounds off the 20-day EMA, it will suggest that the sentiment has turned positive. That could increase the likelihood of a break above the downtrend line. The pair could then attempt a rally to $0.70. This positive view could invalidate in the near term if the price turns down and slips below $0.45.SOL/USDTSolana (SOL) rose above the $32 level on Sept. 7 and buyers built upon this advantage and pushed the price above the 20-day EMA ($34.25) on Sept. 9. The bears tried to pull the price back below the 20-day EMA on Sept. 11 but the bulls successfully defended the level. This indicates that traders are viewing dips as a buying opportunity.SOL/USDT daily chart. Source: TradingViewThe bulls are attempting to extend the recovery by pushing the price above the 50-day SMA ($37.42) on Sept. 12. If they succeed, the SOL/USDT pair could pick up momentum and rally toward the overhead resistance at $48. This level is likely to act as a strong barrier but if bulls overcome it, the pair could signal the start of a new up-move. Contrary to this assumption, if the price turns down from the 50-day SMA, the pair could decline to the 20-day EMA. A break and close below this support could sink the pair to $30.DOGE/USDTDogecoin (DOGE) bounced off the support zone near $0.06 on Sept. 7, indicating buying at lower levels. The price reached the 20-day EMA ($0.06) on Sept. 9 but the bulls could not extend the relief rally to the 50-day SMA ($0.07). This suggests that bears are active at higher levels.DOGE/USDT daily chart. Source: TradingViewBoth moving averages have flattened out and the RSI is near the midpoint, indicating a balance between supply and demand. If buyers drive the price above the 50-day SMA, the short-term advantage could tilt in favor of the buyers. The DOGE/USDT pair could then rally to $0.07 and later to the stiff overhead resistance at $0.09.Conversely, if the price turns down and sustains below the support zone near $0.06, it will suggest that bears are back in command. That could sink the pair to the crucial support at $0.05.Related: Elon Musk, Cathie Wood sound ‘deflation’ alarm — Is Bitcoin at risk of falling below $14K?DOT/USDTPolkadot (DOT) reached the 50-day SMA ($7.88) on Sept. 9 where the bears are mounting a strong resistance. The sellers tried to pull the price back below the 20-day EMA ($7.50) on Sept. 11 but the bulls held their ground. DOT/USDT daily chart. Source: TradingViewBuyers pushed the price above the 50-day SMA on Sept. 12 but the long wick on the day’s candlestick suggests that bears are not willing to surrender. The price has been stuck between the moving averages for the past few days but this tight range trading is unlikely to continue for long.If buyers sustain the price above the 50-day SMA, the DOT/USDT pair could pick up momentum and rally to $9.17 and later to the overhead resistance at $10. On the contrary, if the price breaks below the 20-day EMA, the pair could retest the support at $6.75.MATIC/USDTPolygon (MATIC) broke and closed above the moving averages on Sept. 9 but the bulls could not build upon this advantage and push the price above the immediate resistance at $0.92.MATIC/USDT daily chart. Source: TradingViewA minor positive in favor of the bulls is that they are buying the dips to the moving averages. This suggests that buyers expect the recovery to continue and the MATIC/USDT pair to rally to the overhead resistance at $1.05. A break and close above this level could clear the path for a possible rally to $1.35.Contrary to this assumption, if the price turns down and breaks below the moving averages, the pair could drop to $0.79 and later to $0.75. The bears will have to sink the price below this level to gain the upper hand.SHIB/USDTShiba Inu (SHIB) broke and closed above the moving averages on Sept. 9 but the long wick on the day’s candlestick shows selling at higher levels. A minor positive is that bulls have not allowed the price to break below the moving averages.SHIB/USDT daily chart. Source: TradingViewIf the price rebounds off the moving averages, buyers will attempt to clear the overhead hurdle at $0.000014. If they succeed, the likelihood of a rally to $0.000018 increases. The bears are expected to defend this level aggressively.This positive view could invalidate in the near term if the price breaks below the moving averages and the immediate support at $0.000012. If that happens, the SHIB/USDT pair could drop to $0.000010.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by HitBTC exchange.

After trading near the $20,000 level for several days, Bitcoin (BTC) turned down sharply and dropped below $19,000 on Sept. 6. The fall was not limited to the cryptocurrency markets as the United States equities markets also closed lower on Sept. 6. Risky assets have been facing selling pressure in the past few days as investors are worried that the Federal Reserve could continue with its aggressive tightening policy. The CME FedWatch Tool shows that the probability for a 75 basis point rate hike in the September meeting has risen to 80% from 69% a week back. This extended the rise in the U.S. dollar index (DXY), which closed above 110 on Sept. 6. The U.S. equities markets and the cryptocurrency markets are attempting a relief rally on Sept. 7 but the recovery is likely to sustain only after the DXY shows signs of topping out.Daily cryptocurrency market performance. Source: Coin360Although the bear market has been brutal, it is an encouraging sign to see that venture capital firms have continued to plow money into cryptocurrency and blockchain companies. According to a KPMG report released on Sept. 6, the total investments in the first half of 2022 by these firms hit $14.2 billion, which comes after the record $32.1 billion investments made in 2021.What are the critical overhead resistances in Bitcoin and altcoins that need to be crossed for the bullish momentum to pick up? Let’s study the charts of the top-10 cryptocurrencies to find out.BTC/USDTBitcoin’s tight range trading between $19,520 and $20,576 resolved to the downside on Sept. 6. The bears pulled the price to the strong support zone between $18,910 and $18,626. BTC/USDT daily chart. Source: TradingViewIf the price rebounds off the zone, the BTC/USDT pair could rally to the breakdown level of $19,520. The bears will attempt to flip this level into resistance. If they manage to do that, the likelihood of a break below the support zone increases. That could sink the pair to the vital support at $17,622. A break and close below this level could signal the resumption of the downtrend. The downsloping 20-day exponential moving average (EMA)($20,427) and the relative strength index (RSI) near the oversold territory indicate that bears are in control.The first sign of strength will be a break and close above the 20-day EMA. Such a move will indicate that bulls are attempting a comeback. ETH/USDTEther (ETH) rose above the moving averages on Sept. 6 but the bulls could not clear the overhead hurdle at $1,700. The bears sold aggressively and pulled the price back below the 20-day EMA ($1,597).ETH/USDT daily chart. Source: TradingViewThe bears will try to build upon the advantage and sink the price below the neckline of the head and shoulders (H&S) pattern. If they succeed, the ETH/USDT pair could drop to $1,422 and then to the important support at $1,280. The pattern target of this bearish setup is $1,050.Alternatively, if the price bounces off the neckline, it will suggest that bulls continue to view dips as a buying opportunity. The pair could then consolidate between the neckline and $1,700 for some time. A break and close above $1,700 could clear the path for a possible rally to $2,030.BNB/USDTBNB turned down sharply from the 20-day EMA ($282) on Sept. 6 and broke below the critical support at $275. This completed a bearish H&S pattern.BNB/USDT daily chart. Source: TradingViewGenerally, after the breakdown from a major support, the price returns to retest the level. In this case, buyers will try to push the price back above $275. If they manage to do that, several aggressive bears may get trapped. That could result in a short squeeze and the BNB/USDT pair could rally to $308.On the other hand, if the price turns down from $275, it will suggest that bears have flipped the level into resistance. That could start a decline to $240 and if this support also gives way, the next stop could be the pattern target at $212.XRP/USDTThe bulls pushed XRP above the overhead resistance at $0.34 on Sept. 6 but the bears trapped the aggressive buyers and pulled the price below the immediate support at $0.32.XRP/USDT daily chart. Source: TradingViewA minor positive is that the bulls have not allowed the price to sustain below $0.32. The long tail on the Sept. 7 candlestick shows buying at lower levels. If the price sustains above $0.32, the XRP/USDT pair could extend its range-bound action for some more time.Contrary to this assumption, if the price turns down from the current level and sustains below $0.32, it will clear the path for a possible decline to $0.30. The bulls are likely to defend this level with all their might.ADA/USDT Cardano (ADA) closed above the 50-day simple moving average (SMA) (0.49) on Sept. 4 and the bulls defended the level on Sept. 5. Buyers tried to extend the relief rally on Sept. 6 but met with a wall of selling near $0.51. ADA/USDT daily chart. Source: TradingViewThe price turned down sharply and broke below the moving averages. Both moving averages are flattish and the RSI is just below the midpoint, indicating a range-bound action in the near term. The ADA/USDT pair could oscillate between $0.44 and $0.51 in the next few days.The bears will have to sink the price below $0.44 to open the doors for a drop to the crucial support at $0.40. Alternatively, if the price turns up from the current level and breaks above $0.51, the pair could rally to the downtrend line.SOL/USDTSolana (SOL) rallied to the 20-day EMA ($33) on Sept. 6 but the bulls could not overcome this barrier. This suggests that the sentiment remains negative and traders are selling on rallies.SOL/USDT daily chart. Source: TradingViewA minor positive is that the bulls have not allowed the price to dip below the immediate support at $30. If the price turns up from the current level, the bulls will again try to drive the SOL/USDT pair above the 20-day EMA. If they succeed, the pair could rally to the 50-day SMA ($38).On the contrary, if the price turns down and breaks below $30, the pair could extend its slide to the vital support at $26. The bulls are likely to mount a strong defense at this level because if this support cracks, the pair could resume its downtrend.DOGE/USDTThe bulls attempted to push Dogecoin (DOGE) above the 20-day EMA ($0.06) on Sept. 6 but the bears sold the rally aggressively and pulled the price below the immediate support at $0.06.DOGE/USDT daily chart. Source: TradingViewBuyers are attempting to push the price back above $0.06 on Sept. 7. If they succeed, the DOGE/USDT pair could again rally to the overhead resistance at the 20-day EMA. This remains a critical level to watch out for in the near term because a rally above it could push the price to $0.07. Contrary to this assumption, if the price turns down from $0.06 or the 20-day EMA, it will suggest that bears are selling on rallies. That could increase the possibility of a drop to the strong support at $0.05.Related: Bitcoin price hits 10-week low amid ‘painful’ US dollar rally warningDOT/USDTBuyers attempted to push Polkadot (DOT) above the moving averages on Sept. 5 and 6 but the bears defended the level aggressively as seen from the long wick on the candlesticks.DOT/USDT daily chart. Source: TradingViewThe 20-day EMA ($7.38) is sloping down and the RSI is in the negative territory, indicating advantage to sellers. If bears sink and sustain the price below the immediate support at $6.79, the DOT/USDT pair could slip to the crucial support at $6. The bulls are likely to mount a strong defense at this level.Alternatively, if the price turns up from the current level and rises above the moving averages, it will suggest strong buying on dips. That could push the pair to $9.17 and later to the overhead resistance at $10.MATIC/USDTBuyers defended the 50-day SMA ($0.87) on Sept. 5 and attempted to extend the recovery on Sept. 6 but the bears had other plans. They sold aggressively at $0.92 and pulled Polygon (MATIC) back below the moving averages.MATIC/USDT daily chart. Source: TradingViewThe 20-day EMA ($0.85) has started to turn down and the RSI is near 46, indicating that bears have a slight edge. Sellers will attempt to pull the price to the strong support at $0.75. This is an important support to watch out for because a break and close below it could complete a bearish H&S pattern. If that happens, the MATIC/USDT pair could start a decline to $0.63 and thereafter to the pattern target of $0.45.This negative view could invalidate in the near term if bulls push the pair above $0.93. The price could then rise to the strong overhead resistance at $1.05.SHIB/USDTThe bulls purchased the dip in Shiba Inu (SHIB) on Sept. 5 but they could not sustain the price above the 20-day EMA ($0.000013). This indicates that bears are selling on every minor rally.SHIB/USDT daily chart. Source: TradingViewThe 20-day EMA has turned down and the RSI is just below the midpoint, indicating a minor advantage to bears. The sellers will attempt to sink the price to the psychological support at $0.000010 and then to $0.000009. Buyers are expected to defend this support zone with vigor.Another possibility is that the price turns up from the current level and breaks above the moving averages. Such a move will suggest that selling dries up at lower levels. The SHIB/USDT pair could first rise to $0.000015 and later to $0.000018.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by HitBTC exchange.

The cryptocurrency markets have been quiet over the weekend. The sideways price action continues on Sept. 5 and there are unlikely to be any fresh triggers from the United States equities markets, which are closed for Labor Day.However, the bullish picture for cryptocurrencies looks clouded as the energy crisis in Europe sent the euro to a two-decade low versus the U.S. dollar. Meanwhile, the U.S. dollar index (DXY) which has an inverse correlation with the equities markets and cryptocurrencies soared above 110 for the first time since June 2002.Daily cryptocurrency market performance. Source: Coin360A positive sign among all the mayhem is that Bitcoin (BTC) has not given up much ground over the past few days and continues to trade near the psychological level of $20,000. This suggests that traders are not panicking and dumping their positions in a hurry.Could bulls push and sustain Bitcoin above $20,000 and will this trigger buying in altcoins? Let’s study the charts of the top-10 cryptocurrencies to find out.BTC/USDTBitcoin has been stuck inside a tight range between $19,520 and $20,576 for the past few days. This indicates indecision among the bulls and the bears. Although bulls are buying the dips, they have failed to clear the overhead resistance.BTC/USDT daily chart. Source: TradingViewThe downsloping 20-day exponential moving average (EMA) ($20,775) and the relative strength index (RSI) in the negative territory increase the likelihood of a break below $19,520. If that happens, the BTC/USDT pair could drop to the strong support zone between $18,910 and $18,626.Buyers are expected to defend this zone with all their might. If the rebound breaks above the 20-day EMA, the pair could rise to the 50-day simple moving average (SMA) ($22,253). The bulls will have to clear this hurdle to open the doors for a possible rally to $25,211.Conversely, if bears sink the price below $18,626, the pair could retest the final support at $17,622. A break below this support could signal the resumption of the downtrend.ETH/USDTEther (ETH) has been stuck between the 20-day EMA ($1,605) and the neckline of the head and shoulders (H&S) pattern since Aug. 31 but this tight-range trading is unlikely to continue for long.ETH/USDT daily chart. Source: TradingViewIf buyers push and sustain the price above the 20-day EMA, the ETH/USDT pair could rally to the overhead resistance at $1,700. This is an important level to keep an eye on because a break and close above it could signal that bulls are back in control. The pair could then rally to $2,030 and later to the downtrend line.This bullish view will be invalidated in the near term if the price turns down from the moving averages and breaks below $1,422. If that happens, the pair could slide to $1,280. The bulls are expected to defend this level with vigor but if the bears overpower them, the decline could extend to the pattern target of $1,050.BNB/USDTBNB has been trading near the strong support of $275 for the past few days but the bulls have not been able to achieve a strong rebound off it. This indicates a lack of demand at higher levels.BNB/USDT daily chart. Source: TradingViewThe 20-day EMA ($286) has been sloping down and the RSI is below 41, indicating that bears have the upper hand. If the price breaks and closes below $275, the BNB/USDT pair will complete a bearish head and shoulders pattern. The pair could then start its decline to $240 and later to the pattern target of $212.Contrary to this assumption, if the price turns up from the current level and breaks above the moving averages, it will suggest that bulls are back in the game. The pair could then rise to the overhead resistance at $308.XRP/USDTRipple (XRP) has been stuck between $0.32 and $0.34 for the past few days but this tight range trading is unlikely to continue for long.XRP/USDT daily chart. Source: TradingViewThe bears will attempt to sink the price below $0.32. If they succeed, the XRP/USDT pair could extend its decline to the crucial support at $0.30. Buyers are likely to defend this level aggressively as they had done on three previous occasions.Alternatively, if the price rebounds off $0.32 and breaks above $0.34, it will suggest a short-term advantage to the bulls. The pair could then rise to the 50-day SMA ($0.36) and later to the stiff overhead resistance at $0.39.ADA/USDT Cardano (ADA) broke and closed above the 50-day SMA ($0.49) on Sept. 4 but the bulls could not sustain the breakout. This suggests that bears continue to sell on rallies.ADA/USDT daily chart. Source: TradingViewThe price turned down and broke below the 50-day SMA on Sept. 5, indicating that bears are attempting to trap the aggressive bulls. If the price dips below the 20-day EMA ($0.47), the pair could drop to $0.44 and later to $0.42.Conversely, if the price rebounds off the 20-day EMA and rises above $0.51, it will suggest a change in sentiment from selling on rallies to buying on dips. The ADA/USDT pair could then rise to the downtrend line.SOL/USDTSolana (SOL) has been trading near $32 for the past few days but a negative sign is that buyers have not been able to push and sustain the price above it.SOL/USDT daily chart. Source: TradingViewIf the price turns down and slips below $30, the SOL/USDT pair could decline to the vital support at $26. This is an important level for the bulls to defend because if this support gives way, the pair could start the next leg of the downtrend.In the near term, if buyers push the price above the 20-day EMA ($34), it will suggest that the selling pressure could be reducing. The pair could then attempt a rally to the 50-day SMA ($38) where the bears may again pose a strong challenge.DOGE/USDTDogecoin (DOGE) has stayed above the immediate support at $0.06 for the past few days but the bulls have failed to achieve a strong rebound off it. This indicates that demand dries up at higher levels.DOGE/USDT daily chart. Source: TradingViewA tight consolidation near a support usually results in a breakdown. The downsloping 20-day EMA ($0.06) and the RSI in the negative zone indicate the path of least resistance is to the downside. If bears sink and sustain the price below $0.06, the DOGE/USDT pair could drop to the crucial support at $0.05.To invalidate this negative view, buyers will have to push and sustain the pair above $0.07. If they manage to do that, the pair could rise toward the overhead resistance at $0.09.Related: ETH Merge: CoinGecko co-founder shares strategy for forked tokensDOT/USDTPolkadot (DOT) remains stuck inside a large range between $6 and $10 for the past several days. The price has gradually been inching higher and the bulls are attempting to clear the overhead hurdle at the moving averages.DOT/USDT daily chart. Source: TradingViewIf they manage to do that, it will suggest that lower levels continue to attract buyers. The DOT/USDT pair could then attempt a rally to $9.17 and later to the overhead resistance at $10.On the other hand, if the price fails to rise above the moving averages, it will suggest that bears are active at higher levels. The sellers will then attempt to sink the price below the strong support at $6.79. If that happens, the pair could drop to the crucial support at $6, which is likely to attract strong buying.The price action inside a large range is usually random and volatile. Hence, it is difficult to project the short-term price moves inside the range with certainty.MATIC/USDTPolygon (MATIC) has been range-bound between $1.05 and $0.75 for the past several days. Although bulls pushed the price above the 50-day SMA ($0.88) on Sept. 1, they have not been able to build upon this strength. This indicates that demand dries up at higher levels.MATIC/USDT daily chart. Source: TradingViewThe bears will attempt to sink the price below the 20-day EMA ($0.85). If they succeed, the MATIC/USDT pair could drop toward the strong support at $0.75. This is an important level for the bulls to defend because a break and close below it could complete a head and shoulders pattern. The pair could then start a correction to $0.63 and later to the pattern target at $0.45.On the contrary, if the price rebounds off the moving averages and rises above $0.91, the likelihood of a rally to $1.05 increases. The bears are expected to pose a stiff resistance at this level.SHIB/USDTBuyers pushed Shiba Inu (SHIB) above the 20-day EMA ($0.000013) on Sept. 4 but the long wick on the day’s candlestick shows that bears are selling at higher levels.SHIB/USDT daily chart. Source: TradingViewThe price turned down and slipped below the moving averages on Sept. 5. The bears will now try to sink the SHIB/USDT pair to $0.000012, which is likely to attract buyers. The 20-day EMA is flattening out and the RSI is just below the midpoint, indicating a balance between buyers and sellers.This balance could tilt in favor of the bears if they pull the price below $0.000012. The pair could then decline to $0.000010. Alternatively, if bulls drive and sustain the price above $0.000014, the pair could attempt a rally to $0.000018.The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.Market data is provided by HitBTC exchange.