Amid the recent market instability, the global market capitalization was on the verge to plunge below the crucial $1 trillion mark. However, the recent recovery of the star crypto Bitcoin beyond $30K helped the crypto asset to recover to a large extent. The DeFi’s, NFT’s, and other popular cryptos marked huge gains in a very limited time.
The STEPN (GMT) price from the early trading hours ignited a surge from the level below $1 to the current levels at $1.70
The asset is forming a couple of bearish hammers from a couple of hours which signifies an incoming upswing very soon
However, until and unless the price surges above $2, the rally is still haunted by the bears which are currently pretty unlikely
Once the prices clear at $2 levels, the fear of a pullback may reduce only if the market conditions are stable.
Gala price much similar to the GMT price flipped from the bottoms and gained an immense bullish push
After spiking extremely which formed the pole and the further consolidation formed the flag, hence forming a bullish flag
The price may consolidate within the flag for another couple of hours and eventually break through the flag and surge high
With a breakout, the price may surge beyond $1 initially and surpass $0.14 within no time.
The MANA price reached the highs beyond $5 and since then the price maintained a steep descending trend
However, the price after reaching the lower support of around $0.5 and ignited a rebound beyond $1
The price is reached the levels around $1.6 may ignite a surge towards $2 else a pullback may be ignited
With a pullback, the price may remain consolidated below $1 maintaining a descending resistance until the apex of the descending triangle