Bitcoin SV, EOS, FTX Token Price Analysis: Sep 29

The Bitcoin market spiked over the weekend and in turn helped its hard forks to witness a brief spike in price as well.

At press time, most of the alts were witnessing a recovery attempt, but it may take some time as the drop that was visible in the Bitcoin market was 2.41%, which intensified in the altcoin market.

Bitcoin SV [BSV]

Source: BSV / USD in TradingView

The daily chart for Bitcoin SV indicates bullish momentum in the market as the month draws to a close. The asset’s value picked up momentum over the weekend and resulted in a downtrend that turned into a bullish one. As the coin rallied, its value at press time stood at $ 171.34, while resistance was even higher at $ 180. Due to a sudden drop in early September, this level has been tested on its own. once, and the coin tests it again in the short term. While the support remained strong at $ 145.

The coin has remained on CoinMarketCap’s top 10 cryptocurrency list, despite the setbacks it has faced. Recently, you also saw a listing on India-based digital asset exchange BuyUCoin.

EOS

Source: EOS / USD in TradingView

The EOS market has not generated a profit for investors, as the return to date was -4.50%. The asset value has been consolidating for the most part since the March crash, apart from a brief increase in August.

Bollinger Bands were noticing an increase in volatility as the downtrend continued since early September. The price has been moving between $ 2.83 and $ 2.38 for most of the year and the current price of EOS was at $ 2.59.

Token FTX [FTT]

Source: FTT / USD in TradingView

El FTX Token [FTT] has managed to return 66% to investors in YTD, but currently, the market was witnessing a sell-off. According to MACD, the selling pressure was easing in momentum, but it was still enough to keep the currency in the bearish zone. The price of the digital asset has moved along $ 3.71 and $ 3.39 since August, aside from a brief breakout and a sudden correction.

FTT was trading at $ 3.66 at press time.

This is a machine translation of our English version.

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