Price Analysis of Blockchain Brawlers (BRWL) and AllianceBlock (ALBT)
The CoinMarketCap report update for top gaining cryptocurrencies has just shared the names of Blockhain Brawlers and AllianceBlock. Both cryptocurrencies have turned out to be high performers in the past 24-hours.
For BRWL and ALBT, it is the bulls that have formed strong alliances with the investors in order to push the prices of these cryptocurrencies higher. Even now, their trends are mainly bullish, meaning they may continue attracting more investors to their side. It is important to go through the analysis for both BRWL and ALBT and see where they would be in the next few days.
Blockchain Brawlers (BRWL) – 24.75% Rally
Blockchain Brawlers has continued traveling in the positive zone in the past 24-hours with strong support from the investors. Blockchain Brawlers’ strong run is attributed to the strong buying sentiments of the investors whom the bulls used to their advantage.
This way, the bulls formed a 24.75% rally and kept it alive for a long time. The bulls have gone for strong gains of Blockchain Brawlers in the past 24-hours and this is the reason why the value of Blockchain Brawlers has been pushed up to $0.1365 per BRWL.
If the bulls keep the rally alive by fueling it with strong gains, the price of Blockchain Brawlers may keep moving into the upper zone. At the moment, the bulls have stopped trading in Blockchain Brawlers, but it is expected that they may launch another rally with stronger sentiments.
This would result in pushing the price of Blockchain Brawlers into the resistance district. Pushing the value of Blockchain Brawlers within the resistance channel would mean the bulls will need to exert a lot of buying pressure.
They will need to keep adding more money to the cause, which would push the price of Blockchain Brawlers to $0.1832 per BRWL. If the sentiments of the investors keep rising, the price of Blockchain Brawlers may rush to $0.2271 per BRWL.
AllianceBlock (ALBT) – 24.68% Rally
The investors have surprised the entire AllianceBlock bearish community with their preference for to bullish side. Although the bears were running the trend for AllianceBlock for several days, the bulls formed a strong rally in the past 24-hours.
The bulls did it by joining hands with the neutral investors who have now decided to lean towards the bullish trend. For now, the AllianceBlock investment community has pushed it up by 24.68%, and its unit price is worth $0.2735 per ALBT.
If the bulls keep benefiting from the investors, both sides would keep profiting from that. This would result in forming a strong bond between the bulls and the investors, resulting in a greater march.
As a result, the price of AllianceBlock may continue growing in size and volume, bringing it up to $0.3532 per ALBT.