Price Analysis of CoinStorey (CST) and OneRing (RING)

Cryptocurrency News Price Analysis

The price analysis report for CoinStorey (CST) by TradingView suggests that its price has surged by 237.06%, in the past 24-hours. Due to the surge, CoinStorey’s price has swelled to 0.0002709 per CST. As the price of CoinStorey has grown tremendously, the trading volume for CoinStorey has also grown significantly.

For now, the performance scale for CoinStorey suggests that the investors are highly likely to side with the bulls than they would side with bears. This is because the price of CoinStorey has been rising significantly and it is becoming more favorable for a positive trend.

In the upcoming days, the price of CoinStorey may grow up to $0.0009130 due to strong rallies growing in favor of a bullish trend. This would motivate the investors to stick with the bulls and keep adding more money to purchase more CoinStorey.

If the investors keep joining hands and investing more money to keep the rally alive, CoinStorey’s price may rise up to $0.001483 per CST. Once the price of CoinStorey grows up to the second resistance mark, then the investors would try and push CoinStorey’s price up to its third strong resistance mark.

If the investors succeed in pushing the price of CoinStorey higher, then the mark it would hit would be $0.002097 per CST.

On the other hand, if the investors start supporting a bearish trend, then they would start selling CoinStorey on a large scale. Such activity from the investors’ end would end up dipping the price of CoinStorey to $0.0002167.

If the investors keep selling CoinStorey, then more pressure would be exerted on the bulls and investors supporting bullish sentiments. As pressure increases, the investors may start withdrawing their accumulations in CoinStorey, bringing its unit price down to $0.001483 per CST.

If the bulls keep losing the support of the investors, then they may also start settling with their accumulations. They may prefer holding onto their accumulations and waiting for the right time to launch another rally. Until then, the situation would be in the hands of the bears, who may dip CoinStorey’s price to $0.0001560.

Another cryptocurrency demonstrating a high performance due to the support of the bulls and investors is OneRing (RING). OneRing is currently observing a 24h rally that is at 98.84%, resulting in bringing the price of OneRing up to $3.00.

Similar to CoinStorey, the investors have positive predictions to make in terms of its price. It is because of the positive sentiments that the bulls may make the move to push its price higher. If all goes well in favor of the bulls, then OneRing’s price may get pushed up to $5.96. Afterward, the price of OneRing may grow up to the second strong resistance mark ($7.82) and third strong resistance mark ($10.27).

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