The secret of the height of the meme currencies .. Brett and Solayer jumping and bitcoin loses its momentum

The digital currency market witnessed a remarkable increase during Tuesday and Wednesday, driven by an improvement in investor morale towards the risks, while Bitcoin reached its highest level in 51 days at 94,696 dollars, which the MIM currencies, including BRETT and Solayer, have been recorded to record remarkable gains despite indications of the possibility of a coming correction.

Brett calms down after a sharp rise

The Brett currency recorded 24% on Wednesday to increase its lowest levels in April at $ 0.0235 and reach its daily peak at $ 0.0574, yet the price began to decline gradually to 0.0508 dollars on Thursday morning.

The relative power index entered the excessive purchase area at 70.16, which enhances the possibility of a correction if buyers are not able to raise the price again over the average of 200 periods at 0.0524 dollars, and if this succeeds, the currency may witness a new wave of climb that may reach $ 0.0642, a resistance level last time seen in February.

Solayer continues to discover prices and record the highest historical level

Solayer continues its rising track steadily to a new standard at $ 2.29, and settles at $ 2.23 at the time of writing the report, and the currency maintains its circulation over a rising trend line since its insertion on the Binance platform in February, and remains higher than the averages of lower movement for 50, 100 and 200 periods, which enhances the strength of the upward trend.

With the relative power index of 63.98 and a upwards, Solayer seems to have an additional field of height, however, traders must monitor the trading volume and the same indicator to observe any signals on exhaustion, especially if the currency enters the excessive purchase area, and in the event of reflection, emerging trend lines and moving averages can represent decisive support.