• WIF is overbought, indicating that the worth may fall under $2.70.
• As volatility will increase, ICP worth may rise to $15 within the brief time period.
• ADA is prone to pull again because the short-term EMA suggests a bearish pattern.

Following the completion of the fourth Bitcoin (BTC) halving, the costs of a number of cryptocurrencies soared. Nevertheless, up to now 24 hours he had a number of corporations that confirmed double-digit will increase. These embody Dogwifat (WIF), which elevated in worth by 11.83%, Web Pc (ICP), which recorded a rise of 14.48%, and Cardano (ADA), which recorded a rise of 10.55%.

Nevertheless, it stays unsure whether or not these tokens can maintain their rise. Right here, Coin Version seems on the prospects and what their respective costs shall be over the weekend and within the coming days.

Dogwifat (WIF)

On the time of writing, WIF modified trades at $0.2.83. From the 4-hour chart, the worth initially fell to $2.28 on April 18th. Nevertheless, the bulls discovered help on the similar level, serving to Memecoin rally regardless of resistance at $2.70.

However, the Relative Power Index (RSI), which had beforehand been on the rise, began to say no. This was an indication that WIF momentum was shedding its bullish energy. Due to this fact, a decline could happen subsequent. On this case, the WIF worth could drop under $2.70 once more.

Nevertheless, if the bulls come again to avoid wasting the scenario, Memecoin may goal for $3 subsequent. This may be verified by contemplating the rise within the Cash Move Index (MFI) measurement. Nevertheless, if MFI reaches 80.00, the token could also be overbought and WIF could fall additional.

Web Pc (ICP)

The 4-hour chart of ICP/USD confirmed a downtrend from April eighth to 18th. Nevertheless, it seems that the vendor obtained exhausted shortly after the worth reached his $11.87. After that, the path reversed and have become upward.

On the time of writing, ICP traded at $14.48. Moreover, the Bollinger Bands (BB) widened, indicating elevated volatility across the token. Nevertheless, the higher band of BB tapped ICP above $14, indicating that the token is overbought.

Due to this fact, a possible decline could also be imminent. The RSI studying was near 70.00, reinforcing the BB indicators. ICP worth may attain $15, however may additionally retest $13.14.

Cardano (ADA)

ADA bounced off the $0.44 help and broke via the $0.47 resistance as the worth virtually reached the $0.50 psychological zone. If ADA reaches $0.50, it may rise to $0.56. Nevertheless, overhead resistance at $0.51 may hinder its potential.

In the meantime, the 20 EMA on the chart was under the 50 EMA. This means that the upward pattern in ADA could not proceed. Moreover, the truth that the 50 EMA was additionally above the 100 EMA suggests a bearish efficiency within the coming weeks. Due to this fact, merchants could have to be cautious.