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NewsBTC 2022-08-15 20:37:56

TA- Alien Worlds (TLM) Set For A Major Rally As Market Looks Promising

The price of Alien Worlds (TLM) has struggled to break out of a range recently with few bullish signs against Tether (USDT). Alien worlds could be set for a major rally after narrowly holding above key support as other crypto assets continue to trend higher. Related Reading: TA: Top 5 Crypto You Should Watch This Week – BTC, ETH, BNB, GMT Alien Worlds (TLM) Price Analysis On The Weekly Chart From the chart, the price of TLM saw a weekly low of $0.02, which bounced from that area and rallied to a price of $0.0313. The price has struggled to build more momentum as it faces resistance at $0.031. If the price of TLM on the weekly chart continues with this structure, it could quickly revisit $0.02 acting as a good support area for buy bids. Weekly resistance for the price of TLM – $0.0313. Weekly support for the price of TLM – $0.02. Price Analysis Of Alien Worlds On The Daily (1D) Chart The price of TLM found strong support at $0.021, with what seems to be an area of interest on the daily chart. TLM bounced from its support and has rallied as it faces resistance at $0.032. The price of TLM has continued to range in a channel, breaking out of this channel could send the price of TLM to $0.04 where it will face a major resistance before trending higher in price. At the point of writing, the price of TLM is at $0.032, above the 50 Exponential Moving Average (EMA) which corresponds to $0.03. TLM holding above the 50 EMA on...

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