Lastly, Binance Coin showed a cup and handle pattern and a surge was expected in the coming days.
On the hourly timeframe, a descending triangle was spotted – a pattern that usually sees a break to the downside.
RSI picked up from 30 and settled around 50, reflecting a degree of equilibrium between buyers and sellers.
On the hourly timeframe, ETC formed a down channel and while this indicates a break to the upside, the channel could peak at lower levels in the coming days.
A cup and handle pattern formed on the daily charts and a surge was expected over the coming days.
If $600 is maintained, a rise above $700 and even $778 was possible over the coming weeks.
Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice.