These Two Small-Cap Altcoins Could Skyrocket In The Coming Days
Both COMBO (COMBO) and SPACE IDID (ID) have broken above their respective resistance levels. They have the potential to increase significantly in the coming days.
COMBO price analysis
The price of COMBO (COMBO) has been trading below a descending resistance line since June 23. During this period, it reached a low of $0.42 on August 17 and formed a candlestick with a long wick below, indicating buying pressure.
The price has since recovered and successfully broken above the resistance line. On September 6, the price confirmed this line as support. This suggests that the downtrend may have ended, and a new uptrend may have begun.
The daily RSI (Relative Strength Index) is above 50 and trending upwards, supporting the continuation of the uptrend.
Therefore, the price of COMBO could potentially rise to the next horizontal resistance level at $0.69 and even higher to $0.80 in the coming days.
ID price analysis
The price of SPACE IDID (ID) has broken above the horizontal resistance level at $0.20 and confirmed it as support yesterday (green arrow). This is a bullish signal, indicating that the bulls may be returning.
The daily RSI has also flipped the 50 level to support (yellow arrow), coinciding with the price flipping the $0.20 level as support, further confirming the validity of the upward move.
Therefore, the price of ID could potentially rise at least to the next horizontal resistance level at $0.24 and even higher to $0.27 in the near future.
Breaking above the $0.27 level would confirm that the long-term downtrend may have ended.
Disclaimer: Please note that this article is for informational purposes only and should not be taken as investment advice. As an investor, it is important to do your own research before making any decisions. We are not responsible for any investment decisions you make based on this information. Not Financial Advice.
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