Ethereum made a solid comeback during the past week, while SAND followed suit. On the other hand, the recently released Apcoin has gotten all the attention as it had a lot of buying power.
Ethereum (ETH)
Ethereum (ETH) bounced back from the $2522 support level on March 15th and posted consistent gains over the previous week. Alt has marked consecutive higher lows since then, registering a rise of 9.5% during the last week. Earlier, the coin traded sideways between the $2522 and $2746 zone since March 5.
Due to strong support from buyers, the coin moved up in the chart. It also entered the $3040 resistance area on the previous day. However, the price declined by 2.15% over the previous day and ETH may soon find support near the $2878.13 level. RSI hovered at 54.52, indicating a slight decline from the previous day, while MACD A bearish crossover above the zero line indicated. ETH price may drop a bit further in the coming days.
sandbox (sand)
sandbox (sand) There has been a marked correction since March 16 as the coin bounced from the support level of $2.72 to hit the resistance at $3.25. Since March 17, the coin has been trading sideways between the $3.03 and $3.25 marks. SAND was able to maintain higher lows.
Alt is up by 7.89% over the previous week and at press time, it traded at $3.16, up 1.5% from the previous day. RSI hovered over a solid 55.98 while DMI Indicated a bullish crossover. It is expected that Alt may once again touch the $3.25 resistance level in the coming days, and may even break it if buyers show support.
Apcoin (APE)
Apcoin (APE) which which Issued on March 17th, it has seen considerable trading volume. The chart shows that buyers pushed the coin above $7.19 to hit the resistance at $17.69 on the very next day as soon as it was issued.
On March 19, the high fell and it found support at the $10.01 level. At press time, the alts were trading at $12.03 and there were chances of retesting the support at the $11.70 level. RSI Relatively strong at 58.25, although it seemed to be gradually reducing. Still AO was above the zero line, but was slowly becoming redder and narrower.