• Thu. Nov 21st, 2024

Price Analysis of Silva Token (SILVA) and IOST (IOST)

Apr 8, 2022

Silva Token (SILVA) – 58.76% Surge

At the time of publication, the trading value of Silva Token (SILVA) is hovering at a high of $0.000000001151 per SILVA. The bulls have reportedly formed a 58.77% rally in the past 24-hours, bringing Silva Token to its current high price.

Before the bulls mustered up the strength to form a rally, the price of Silva Token was at a low of $0.000000000725 per SILVA.

The bulls launched their strong buying rally, which has pushed Silva Token’s price to a high figure. The bulls have also achieved a high trading volume for Silva Token in the 24-hour window. In the past 24-hours, they have surged its volume by 945.68% and it is currently at $6,747,435.

The data suggests that the bulls may continue with their strong buying spree in the upcoming days and push Silva Token’s price higher. For the bulls, the major target is pushing Silva Token into the resistance zone.

In order to achieve that, the bulls may go for higher gains and even bring the investors to their side. If that happens, then the price of Silva Token may surge to $0.00000000934 per SILVA.

If the rally keeps getting stronger and the investors gain more momentum, then the price of Silva Token may surge to $0.00000001378 per SILVA. The bulls may try and push the RSI of Silva Token into the bullish zone. Once the RSI for Silva Token falls into the ascending channel, the price of Silva Token may surge to $0.00000001734 per SILVA.

IOST (IOST) – 50.44% Surge

IOST has also experienced a high trend in the past 24-hours. The bulls have formed a strong rally that has pushed the price of IOST (IOST) to a high of $0.05239 per IOST. The bulls reportedly formed a 52.50% rally in the past 24-hours, and they may continue with the same trend.

If the rally stays strong and persistent, the price of IOST may grow up to a high of $0.05837 per IOST. As the momentum keeps building in favor of IOST, its price may grow all the way up to $0.06125 per IOST.

If the bulls are not able to form a stronger rally in near future, the bears may start dragging IOS to the lower side. This would result in pulling the price of IOST all the way down to $0.05000 per IOST.

The particular price would be the strong psychological price for IOST, and if the situation worsens, IOST may dip to $0.04750 per IOST. From there, the bears may continue selling IOST and keep breaking through the strong support defenses of the bulls. They may eventually bring the price of IOST down to $0.04000 per IOST.

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