• Thu. Apr 25th, 2024

Price Analysis of OneLedger (OLT) and Revolotto (RVL)

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Apr 9, 2022

OneLedger (OLT) – Surged by 89.26%

The price for OneLedger has experienced a significant push in the past 24-hours, with the strong buying power of the investors. According to reports, the trading value of the OLT/USDT pair is currently hovering around $0.04005 per OLT.

Earlier, the trading price of the OneLedger pair was at a low of $0.021 per OLT until the bulls launched their counter. According to data, the bulls have been running the show for the past 24-hours, and they may continue doing it if they have high spirits.

For now, the trend is going in favor of the bulls and they may continue putting in extra effort to push the price of OneLedger to a high resistance zone. The first target that the bulls may attempt to achieve with their strong buying power would be $0.06007 per OLT.

If the bulls are able to hit and cross the defenses of the bears, then they may be able to push OneLedger to the second resistance mark of $0.08001 per OLT.

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If the acceleration level of the bulls continues in acquiring OneLedger, then the price of OneLedger may grow up to a major resistance mark ($0.1013 per OLT).

Revolotto (RVL) – Surged by 41.34%

Revolotto bulls are also going in for higher gains in the past 24-hours because they have launched a strong counter against the bears.

Before the bulls hit the bears with a strong buying spree, the price of Revolotto was at a low of $0.03996 per RVL. However, the bulls went on to hit a higher note and elevated the price of Revolotto to a high price of $0.05962 per RVL.

The bulls reportedly formed a 41.34% rally in favor of the trend, which is still ongoing. If the bulls keep the rally constant, then the price of Revolotto may continue hitting high resistance marks.

The first high resistance mark the bulls may hit would be $0.07347 per RVL. If the bears pose no threat to the bulls, then their confidence level may surge. This would push the bulls to achieve another high price of $0.09156 per RVL.

The negative sentiments suggest that the bears may attempt to lower the confidence of the bulls at $0.05962 by increasing their selling pressure. If that happens, then the price of Revolotto may end up getting pulled down to a low of $0.05437 per RVL.

As Revolotto’s price lowers down to $0.05437 per RVL, the bears may go for another major selling spree to pull its price even lower. If the attempt made by the bears turns out to be a successful move, then the price of Revolott may get turned down to $0.5005 per RVL.

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