Cryptocurrency News Price Analysis

Price Analysis of DappRadar (RADAR) and CONTRACOIN (CTCN)

Samuel Weis

DappRadar (RADAR)

DappRadar has reportedly become a success story in the past 24-hours as the investors have vowed to take it to newer heights. It is due to the strong buying sentiments of the investors that the price of DappRadar has surged by 71.20%. After witnessing the strong rally, the trading price of the RADAR/USDT pair has grown up to a high of $0.02467 per RADAR.

The investors are also eager to increase the trading volume of DappRadar, and for that, they are gaining the full support from the bulls. Both parties have joined forces and are trading DappRadar on a very high scale. Their bullish behavior has resulted in elevating the trading volume for DappRadar by 263.54%.

If the buying sentiments of the investors remain high and they keep getting backed by the bulls, then the price of DappRadar may surge to $0.03928 per RADAR.

The price prediction suggests that the bulls may try and push DappRadar into the resistance channel. For this purpose, they may try and increase the power of the rally. To achieve this goal, they will be needing full support from the investors.

Their only plan would be to keep sustaining the selling pressure of the bears, which would result in attracting many neutral investors to their side. If that happens, then the neutral investors may also start joining the same league as the bullish investors.

This increases the rallying power and if the investors remain determined, then the price of DappRadar may start moving towards the resistance channel. In the upcoming days, the bulls may attempt to hit a high trading mark of $0.04432 per RADAR.

As the buying sentiments of the investors continue growing stronger, then the bulls may attempt to hit the gate for the resistance channel. If the bulls are able to hit and cross the $0.04988 per RADAR mark for DappRadar, they will successfully enter the resistance zone.

CONTRACOIN (CTCN)

CONTRACOIN investors are also able to put up a great show of their strong buying sentiments in the past 24-hours. In this particular time period, the bulls have successfully formed a 53.20% rally, which has pushed the price of CONTRACOIN to a high of $0.6649 per CTCN.

The trading volume for CONTRACOIN has also started moving in the ascending order and the RSI and moving averages for CONTRACOIN are also bullish.

With the technical factors moving in favor of the bullish trend, the price of CONTRACOIN may continue to grow higher. In the upcoming days, the bulls may try and push CONTRACOIN all the way up to $1.03 per CTCN.

From there, the bulls may increase their acquisition power of CONTRACOIN and if things keep going as planned, the price of CONTRACOIN may get lifted to $1.28 per CTCN.