TradingView has reportedly provided a performance report for several cryptocurrencies that are demonstrating high gains. However, Web3 Doge and Sway Social have proven to be very promising in the past 24-hours in terms of their performances. In the report, TradingView has provided analysis for Web3 Doge and Sway Social, showing where these cryptocurrencies would be in the upcoming days.
Web3 Doge (WEB3) Price Surges by 473.14%
Web3 Doge investors have proven that they are very determined and enthusiastic about elevating its price. Therefore, they have increased their buying efforts in the past 24-hours which has resulted in a huge (473.14%) rally.
After exhibiting such a magnificent growth rate, the trading value of the WEB3/USDT pair is worth $0.0000003569 per WEB3. The bullish investors have also caused the trading volume to surge by 55.34%, alongside WEB3’s value. As of now, the trading volume for Web3 Doge is worth $1,058,551.
The overall sentiments of Web3 Doge investors are fairly bullish. The past 24-hour performance has made things very convenient for the WEB3 bulls. They are now more determined to push WEB3 to higher benchmarks.
For the investors, the major goal is to push WEB3 into the high resistance territory. If WEB3 starts traveling in the high resistance zone and the bulls keep winning against the bears, WEB3’s value may surge to $0.0000006230 per WEB3.
Once the bulls gain superiority over the bears, they may continue increasing their buying power to push WEB3 up to $0.0000008940 per WEB3. As the situation progresses, the crypto market would see the value of WEB3 grow up to $0.000001007 per WEB3.
Sway Social (SWAY) Price Surges by 300.32%
Sway Social has also been displaying a high performance in the past 24-hours. According to data, the SWAY/USDT pair has reportedly grown up by 300.32% in the particular period. At the time of writing, SWAY has a market worth of $0.09 per SWAY.
It is a common phenomenon that with the growth of a cryptocurrency, its trading volume also surges. This is because the investors keep adding more to acquire particular cryptocurrencies on a high scale.
Sway Social has also experienced the same phenomenon and its trading volume has also surged tremendously.
At the time of publication, the trading volume for Sway Social is worth $905,187. As the value of SWAY continues growing, its trading volume will also move higher.
For now, the bears are attempting to create a dip in the value of SWAY. This is because they are eager to fight against the bulls and push the value of SWAY deeper
If the bears are unable to achieve their goal, then the bulls may gain the opportunity to move SWAY into the high resistance zone. This would mean that the value of SWAY may get pushed up to the first resistance mark of $0.27 per SWAY.
As the bulls add more value to SWAY by investing more money, the value of SWAY may rise up to $0.38
