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  • Price Analysis of REUCOIN (REU) and AstroElon (ELONONE)
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Price Analysis of REUCOIN (REU) and AstroElon (ELONONE)

Blaine Matta April 11, 2022 2 min read

REUCOIN (REU)

On March 30, REUCOIN exhibited a low price of $236.22 per REU. At that time, the bulls were not able to show off their true strength. However, the bulls did display their strong acquisition power in the past 24-hours.

As a result, the REUCOIN investors were able to form a 72.3% in the past 24-hours, which pushed the price of REUCOIN to a high of $408.22 per REU.

On the other hand, the bears have been trying to bring REUCOIN back into the bearish zone. However, the bulls may not let it happen for some time, because their rally hasn’t come to an end.

So far, the sentiments of the investors are within the bullish zone. More than 60% of investors currently prefer investing in REUCOIN. This means that the price of REUCOIN may continue growing higher and the next high mark for the bulls would be $440.87 per REU.

As the rally starts losing its steam, the bulls may try to make the best out of it. Their main goal would be to bring REUCOIN close to the $500 per REU mark. To achieve this goal, they may increase the buying power for REUCOIN, and elevate it to $474.39 per REU.

Going forward, the bulls may try and hit another strong resistance mark, which would be $500, and if the bulls are strong, they will be able to do it.

AstroElon (ELONONE)

AstroElon investors have also gone for higher gains in the past 24-hours. Coingecko analysis data shows that in the past 24-hours, AstroElon has witnessed a 62.8% rally. The rally has brought AstroElon’s price from a low of $0.00000001565 to a high of $0.00000002537 per ELONONE.

ELONONE is currently running in the positive zone and the investors are also aiming to bring it within the same area. If that happens, then the investors would have peace of mind in investing and holding ELONONE for a long time.

This would subsequently increase the price of ELONONE all the way up to $0.00000003439 per ELONONE. If the investment level of the investors rises in ELONONE, this would push the price of ELONONE to a high of $0.00000003995 per ELONONE.

If the AstroElon investors keep up with their rally, $0.00000003995 won’t be the last high price they would hit. From there, AstroElon may get launched into the high resistance zone, where the bears may show off their selling power.

However, if the bulls do not let the bears take control of the situation, then the price of AstroElon may continue escalating. The high resistance mark that the bulls may succeed in hitting with strong buying sentiments would be $0.00000004536 per ELONONE.

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