Traders expect an uptick in volatility and XRP, LTC, RNDR and CFX could follow.
) has been trading in a tight range between the 50-day SMA and the overhead resistance of $96 for the past few days. This shows indecision between the bulls and the bears.The 20-day EMA has turned up and the RSI is in the positive territory, indicating that the bulls have the edge. This enhances the prospects of a rally above the resistance at $96. If that happens, the LTC/USDT pair could rally to $106. This level may again attract strong selling by the bears.
Render Token is in an uptrend. Buyers kicked the price above the overhead resistance of $2.60 on May 21 but the long wick on the candlestick shows selling at higher levels.The upsloping moving averages and the RSI just below the overbought area indicate that bulls are in command. Buyers will make another attempt to propel the price above the psychological barrier at $3. If they manage to do that, the RNDR/USDT pair may rally to $3.35.
Buyers tried to clear the overhead hurdle at the 50-day SMA on May 16 but the bears held their ground. A minor positive in favor of the bulls is that they have not allowed the price to dip back below the 20-day EMA. This signals buying on dips.
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