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Hedera Hashgraph, Ravencoin, Monero price: Except one, these alts hint at recovery

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The current market downturn has stagnated the price of the altcoins. As the king coin’s price narrowed towards the $6,200-level, the bearishness has been felt across the cryptocurrency market.

Monero [XMR]:

Source: XMR/USD on TradingView

At press time, the popular privacy coin has been trading at $46.87 after an increase of 2.09%. Additionally, XMR held a market cap of $820.3 million and a 24-hour trading volume of $127.7 million.

Resistance: $69.8, $80.8

Support: $32.3

MACD: MACD line was above the signal line indicating a bullish revival for the coin.

Chaikin Money Flow: The CMF was, however, in the bearish realm as it attempted for an upward spring.

Ravencoin [RVN]:

Source: RVN/USD on TradingView

RVN changed hands at $0.0144 as it held a market cap of $84.35 million and a 24-hour trading volume of $5.16 million. Additionally, the coin was up by 2.47%.

Resistance: $0.028, $0.036

Support: $0.010

Parabolic SAR: The dotted markers hovered below the RVN price candles depicted a bullish picture for the coin.

Awesome Oscillator: The green closing candles was also indicative of a bullish price trend.

Hedera Hashgraph [HBAR]:

Source: HBAR/USD on TradingView

At press time, HBAR was priced at $0.0319 after a rise of 4.02% over the last 24-hours. The crypto held a market cap of $122.05 million and a 24-hour trading volume of $10.37 million.

Resistance: $0.00407, $0.0593

Support: $0.0253, $0.0097

Klinger Oscillator: The KO indicator exhibited a bearish picture for HBAR in the near-term.

RSI: The RSI indicator was also below the 50-median. This depicted a higher sell-pressure among the investors in the HBAR market.

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Chayanika is a full-time cryptocurrency journalist at AMBCrypto. A graduate in Political Science and Journalism, her writing is centered around regulation and policy-making regarding the cryptocurrency sector.
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