Today’s Top Three of Concept Panel: “Prediction” “Super Computer” “Exchange-Issued Token”. Any rise in cryptomarket is driven by capital. The concept panel rank rotates with a constant main force capital’s input and output.
Foreword:
BTC continues to fall in favor of bear market. The price nosedived on May 26 once it touched $7,600. By press time, the BTC price has dropped around $7,265 that broke the Bollinger Band DN line. However, the drop range didn’t get enlarged. The BTC is likely to continue falling in short term.
Top Three Concept Panel Gainers
“Prediction” “Super Computer” “Exchange-Issued Token”
- Prediction (9 coins/ 5 rise, 4 drop) increased 0.62%, with the 24-hour trade volume reaching $17.2 million, gaining 5 credits on the Liveness Index.
Prediction Panel is showing a major downtrend against a minor rebounce of the broad market. There is no buying-in signal for now.
DPY and BOT
Both coins remain high and volatile with probability of a continuous loss. BOT selling signal is strong with $2.58 million. Buyers should wait for a clearer buying-in signal while holders should trade with caution. - Super Computer (6 coins/ 4 rise, 2 drop) increased by 0.61% with a $250.38 million trading volume in a 24-hour period. Liveness Index shows Super Computer marks 1 credit.
- Exchange-Issued Token (26 coins/ 12 rise, 14 drop) decreased 0.59% by average with a $0.38 billion 24-hour trade volume and 4 credits on the Liveness Index.
Exchange-Issued Token again made to the list. As previously mentioned, Exchange-Issued Token is under a full-blown pullback after a price boom, which will slow down when small portion of cap flow in for risk protection as the broad market falls and speed up with cap outflow while the broad market revives.
At this time, we do not recommend buying in as the correction is expected to continue in the short run.
OKB
OKB is trading sideways in lack of an upward momentum with hedge funds persistantly flowing in for days. Bollinger middle band runs under the moving average. OKB price is estimated to dip to $3.
HT
Similar ot OKB, we also predict HT to drop to $3.
That’s it. Coinness Panel Fame is a reference that should not form any evidence to your trade decision. Please stay focused and trade with caution. See you TMR.
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