TL;DR Breakdown The C98/USD pair traded in a moderate momentum, according to yesterday’s Coin98 price analysis chart.The green candlesticks have outnumbered the red ones; this means that the market is bullish.The Balance of Power indicator indicates that the buying pressure is more robust than the selling pressure. Coin98 price analysis: General overview The C98/USD pair traded in a moderate momentum, according to yesterday’s Coin98 price analysis chart. The Bulls took control of the market in the last ten minutes. However, when bears built a strong resistance at $4.28—ending the bull run. The trend was halted at the start of today’s price analysis chart when bulls created a solid barrier at $4.28 — sending the price tumbling gradually before facing resistance five minutes later. The bull got help at $4.22. Bears came into the market to prevent a further Coin98 price increase. C98/USD traded in head and shoulder trend before the bulls got another support at $4.5. This support made the coin record intraday highs of $4.72. Bears consolidated strength and came in more substantial, altering the bullish trend. C98/USD price is below the Moving Average, meaning the market is experiencing intense bear pressure. The Coin’s price doesn’t seem to be pointing towards the MA; hence the bear market still shows signs of dominating the Coin98 market for a few trading sessions. Source: Coin360 The all-time high...
