Highlight: $MINA - $BAND - $AR
Iโve been diving into mid-cap cryptocurrencies (market cap $100โ$500M) that are trading below their 200-day EMA but showing signs of climbing toward it. Each has a 7-day trading volume above $10M, so thereโs real action here.
1. Chiliz (CHZ) โ Fan Token Platform
Iโm seeing CHZ bounce back, sitting ~26% below its 200-day EMA (~$0.075). It just broke past this resistance, which is exciting! Support is at $0.067, with the next resistance at $0.084. The trend feels cautiously bullishโRSI is neutral (~50), and volumeโs picking up, hinting at new money flowing in. If CHZ holds above $0.075, I think it could push toward $0.084 soon.
2. Enjin Coin (ENJ) โ Gaming/NFT Token
ENJโs been stuck in a downtrend, trading below its 200-day EMA (~$0.11). Itโs hovering around $0.08, with support at $0.07 and resistance at $0.09โ0.10. RSI recently hit oversold (~28) but climbed to the 40s, suggesting a possible bottom. Volumeโs average, so Iโm waiting for a big spike to signal a move toward the EMA. A bullish MACD cross could spark some action.
3. Harmony (ONE) โ Sharding Smart-Contract Chain
ONEโs about 25% below its 200-day EMA (~$0.014โ0.015), but itโs grinding up from $0.010 support. Resistance is at $0.013, and the trendโs trying to turn neutral. RSIโs in the 40s, and MACDโs close to a bullish crossover. Volumeโs rising slightly, which gives me hope. If ONE breaks $0.013 with strong volume, Iโd bet on a run at the EMA.
4. Arweave (AR) โ Decentralized Storage
ARโs stuck ~30% below its 200-day EMA (~$9), trading around $6. Supportโs solid at $6, with resistance at $7.50. RSIโs at 34, hinting at oversold conditions, and MACDโs flattening, suggesting the downtrendโs weakening. Volume spiked during recent drops but calmed down. Iโm watching for a higher low and RSI above 40 to signal a potential rally.
5. Mina Protocol (MINA) โ Lightweight Blockchain
MINAโs down ~35% from its 200-day EMA (~$0.33), sitting at $0.20โ0.21. Supportโs at $0.20, with resistance at $0.25. The trendโs bearish, but RSIโs flat in the mid-30s, and MACDโs leveling off. Volumeโs low, so Iโm cautious. A volume spike and RSI above 40 could mean MINAโs ready to climb toward its EMA.
6. Mask Network (MASK) โ Web3 Social Trading
MASKโs inching up toward its 200-day EMA (~$2.8โ3.0), trading at $2.30. Supportโs at $2, with resistance at $2.50. RSIโs in the 50โ60 range, and MACDโs turned bullish, which I like. Volume surged recently, showing accumulation. If MASK holds above $2 and RSI stays strong, I think itโs got a shot at the EMA.
7. SKALE Network (SKL) โ Ethereum Scaling Solution
SKLโs ~25% below its 200-day EMA (~$0.030), at $0.021. Supportโs at $0.020, with resistance at $0.024. RSIโs near 50, and MACDโs nearing a bullish cross. Volumeโs strong (~$10.9M daily), suggesting a bottom might be in. If SKL holds $0.020 and pushes past $0.024, Iโd expect a move toward the EMA.
8. Nervos Network (CKB) โ Layer-1 Blockchain
CKBโs at $0.0042, ~25% below its 200-day EMA (~$0.0056). Supportโs at $0.0040, with resistance at $0.0048. RSIโs in the mid-40s, and MACDโs flat, showing consolidation. Volumeโs decent (~$7.8M daily). A volume breakout and RSI above 50 could push CKB toward its EMA.
9. Reserve Rights (RSR) โ Stablecoin Reserve Token
RSRโs grinding up from $0.007, ~22% below its 200-day EMA (~$0.009). Supportโs at $0.0065โ0.0070, with resistance at $0.0080. RSIโs in the 50s, and MACDโs bullish, backed by a recent volume surge (~$47.6M daily). If RSR stays above $0.007, Iโm optimistic it could hit the EMA soon.
10. Band Protocol (BAND) โ Oracle Network
BANDโs rallied to $0.70, close to its 200-day EMA (~$0.75โ0.80). Supportโs at $0.60, with resistance at $0.68. RSIโs in the 60s, MACDโs in buy mode, and volume exploded during the breakout. If BAND clears $0.68 with strong volume, Iโd expect it to test the EMA and maybe even $0.99.
Final Take
These coins are all below their 200-day EMA, signaling long-term bearish trends, but Iโm seeing short-term upward momentum in many. A high-volume close above the 200-day EMA could flip their outlook to bullish. Iโm keeping an eye on RSI, MACD crosses, and volume spikes to spot which ones might break out. For now, Iโd be cautious but optimisticโsome of these could surprise us if the market turns! Please DYOR!