TON, XLM, XMR, and MKR could attract buyers if Bitcoin rises above $26,500
Toncoin cost analysisToncoin (TON) has pulled back to the 20-day rapid moving average ($1.69). If the cost breaks above the 50-day SMA, the pair might soar to $0.15 and later on to $0.17. Related: 3 reasons why Pepe cost will continue to fall in SeptemberMonero cost analysisMonero (XMR) has held the uptrend line assistance for the previous couple of days, indicating purchasing at lower levels.
The indications are not offering a clear advantage either to the bulls or the bears.Therefore, it is much better to wait for the cost to either sustain above $26,500 or dive below $24,800 before placing large bets.If bulls get rid of the challenge at $26,500, the BTC/USDT pair could soar to the overhead resistance at $28,143. Source: TradingViewThe price has been trading near the moving averages on the 4-hour chart, showing a lack of interest from both the bulls and the bears. If bears desire to avoid the up-move, they will have to quickly drag the cost listed below the 20-EMA. Related: 3 reasons why Pepe price will continue to fall in SeptemberMonero cost analysisMonero (XMR) has held the uptrend line support for the previous few days, showing buying at lower levels. Source: TradingViewThe price action on the 4-hour chart reveals the development of a balanced triangle pattern.