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The prediction of the price of coins of the vine was bear for the next 24 hours and next week. The lack of purchasing pressure and the weak volume of trading must be turned into bull recovery.
The coin is coming [VINE] On Monday, August 4, on Monday, a 21% decrease in the volume of daily trading. It was just a sign that the recovery was not yet taking place.
Vine saw on 2 August a heavy drop in prices by 30%, which strengthened the token bear outlook. The liquidation thermal map provided traces to where the prices of coins could go this week.
Prikce coins of wine coins that you should bet on bull conversion?
Source: Vine/USDT on TradingView
Technical indicators for vines on a 4 -hour chart leaned in bear. The OBV was in a descending trend last week, although it was reflected in the last 24 hours.
But that was not enough to secure traders about bull conversion.
MacD was also bear and fell below zero line 2. August. The momentum indicator agreed to the structure of the bear market.
Meanwhile, the stochastic oscillator RSI was on the verge of creating a bear crossover.
Vine Coin Bulls did well to prevent the level of retraction level 78.6% to $ 0.066. As long as this level applies, there is a chance to recover the price.
Source: Coinglass
The 1-week thermal map of liquidation has shown that there are more clusters of liquidity near the market price. Over $ 0.078, $ 0.0915 and $ 0.095 were interesting for traders.
To get there, it needs to buy pressure and push through the magnetic zone immediately above the head.
Source: Coinglass
The 24 -hour thermal map showed that the vines was prepared for a $ 0.068 and $ 0.0635 for DIP. The liquidity was tested at $ 0.073 and the token was prepared for a short -term price drop.
Overall, wine coins have a short -term pricing prediction for the next 24 hours. The price was attracted to liquidity 4%-10%.
The view of the bear remained next week. A shift around $ 0.078 would be the first step in recovery, and even then the $ 0.0915 region would stand against Vine Bulls.
Resistance of liability: The information presented does not represent financial, investment, trading or other types of advice and are merely the opinion of the writer
