TerraClassicUSD
Cryptocurrencies like USTC, LUNC, IOTA, ROSE, and INJ are experiencing a surge in prices as they approach the overbought zone. USTC, also known as TerraClassicUSD, is currently in an uptrend after breaking through the $0.019 resistance level and reaching a high of $0.078. Although it pulled back after testing the $0.080 resistance zone, USTC is expected to rise again to its previous high. The current exchange rate for USTC/USD is $0.053.
Terra Classic
LUNC, or Terra Classic, is gaining popularity as it forms higher highs and higher lows. It has reached a high of $0.00012719 and is currently trading below the $0.00012000 mark. The price indicator predicts that LUNC will rally to previous highs and potentially reach the Fibonacci extension of $2.618 or $0.0001676.
IOTA
IOTA experienced a recent rise to a high of $0.28 but has since retreated and is now trading at $0.22. If it retraces and stays above the $0.20 mark, IOTA’s rise may resume within a range of $0.20 and $0.26.
Oasis Network
ROSE, or Oasis Network, is currently in an uptrend after breaking through the resistance at $0.080 and reaching a high of $0.087. It is expected to continue rising and potentially reach a high of $0.10, although sellers could emerge in the overbought region.
Injective
INJ, or Injective, has maintained its bullish momentum and is currently in a sideways trend above the moving average lines. It reached a high of $19.12 but was unable to sustain the bullish momentum above the $20 resistance level. INJ is currently trading at $17.88 and is in a sideways movement between $16 and $20.
Hot Take: Cryptocurrencies Surge as USTC, LUNC, IOTA, ROSE, and INJ Approach Overbought Zone
Cryptocurrencies like USTC, LUNC, IOTA, ROSE, and INJ are experiencing a surge in prices as they approach the overbought zone. USTC is in an uptrend after breaking through resistance levels and reaching a high of $0.078. LUNC is gaining popularity with its higher highs and higher lows pattern. IOTA has retreated after a recent rise but may resume its rise if it stays above the $0.20 mark. ROSE is expected to continue rising to a high of $0.10 but sellers may emerge in the overbought region. INJ has maintained its bullish momentum but is currently trading sideways between $16 and $20.
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