Coin98 Price Analysis: C98 finds supports at $4.08, higher prices to follow?

TL;DR Breakdown Coin98 price analysis for today is bearish but bullish growth can be seen.C98 has consolidated support at $4.08.Significant resistance is visible at $5. Coin98 has grabbed the attention of several investors as the cryptocurrency rose from $0.06 at the end of June to over $6 by the end of August. This made C98 one of the best performing altcoins as Bitcoin is struggling to rise above the $50k resistance levels. Today, the price movement is bearish as the coin is trading at a loss of 5 percent. For now, it can be seen that support at $4.08 has been found, and it seems that the support will hold. Bitcoin has also found support at the $47k price level, and we might expect a price surge in the entire market as BTC/USDT tried to breach the $49-$50 price levels. If the support at $4.08 holds, the next resistance for C98, according to our Coin98 price analysis, is at $5. The trading value for C98 has fallen by over 7.74 percent, and the coin is ranked at 218. A major price surge was seen in LINK, VET, and ETH today, while C98 is about 51.82 percent below its all-time high at 8.69 USD. Source: Coin360 Coin98 price analysis based on technical indicators on 4-hour chart Based on the readings of technical indicators, it can be confirmed that the presence of bears has been dominant since 25th August. According to the readings of the technical indicators below, i.e., the MACD indicator and the RSI indicator, we are experien...