- Blockstack (STX)
- TROY (TROY)
- Ravencoin (RVN)
- Chiliz (CHZ)
- Origin Protocol (OGN)
In this article, we will take a look at each of them and determine their potential for increasing.Have you noticed what's happening?
— TraderLenny (@TraderLenny1) February 6, 2020
-> Majors have pumped for a month ( $EOS, $XRP, $ETH, $ADA, $LTC, $XTZ,…)
-> Mid caps are now starting to pop ( $STX, $TROY, $RVN, $CHZ, $OGN,…)
-> After this: small caps.
These are the usual cycles within an #altseason.
It's here. 🚀
Blockstack (STX)
The main STX resistance area is found at 1800 satoshis. The price has made three attempts at breaking out, but all have been unsuccessful. More recently, the price has been trying to break out above this area since beginning a rapid upward move on February 6 — but has created long upper wicks and decreased each time. The RSI supports a breakout. It has been generating a bullish divergence since December 13, 2019, and has moved clearly above the 50-line — indicating that the price is in an upward trend. The next resistance area is found at 2600 satoshis.

STX Price Conclusions
- The STX price is trading inside a symmetrical triangle.
- There is resistance at 1800 and 2600 satoshis.
- Technical indicators support a price increase.
TROY (TROY)
The main resistance areas for TROY are found at 64, 93 and 130 satoshis. The price has been trading below the 68 satoshi resistance area since January 14. In addition, the price made an upward move on February 6 and reached this resistance area, but created a long upper wick and decreased. While the RSI has been generating bullish divergence, it has yet to move above the 50-line. Combining this with the fact that the price has yet to move above the first resistance area, we can state that the price has not begun an upward trend yet — even though there are several reversal signs present.

TROY Price Conclusions
- There is resistance at 64, 93 and 130 satoshis.
- The TROY price has broken out from a descending resistance line.
- It has yet to initiate a significant upward move.
Ravencoin (RVN)
On February 3, the RVN price broke out from a descending wedge and has been increasing since. This increase caused the price to move above the 200-day moving average (MA). In addition, the 50-day MA is moving upwards — setting itself up for a bullish cross with the longer-term 200-day one. There is almost no resistance all the way to 455 satoshis, so the price could get there relatively quickly.

RVN Price Conclusions
- The RVN price broke out from a descending wedge.
- There is resistance at 455 and 660 satoshis.
- Long-term targets at 1000 and 1700 satoshis.
- The long-term RSI supports a price increase.
Chiliz (CHZ)
The most important area for the CHZ price is found at 76 satoshis. This area has intermittently acted as resistance and support. The price bounced on the 76 satoshi support area on February 1 and has been increasing since. The RSI moved above 50, something it has not done since December 3, 2019. Therefore, the RSI movement has captured the direction of the trend perfectly until now, since an RSI value below 50 has indicated that the price is in a downward trend and vice versa. Based on this, we can assume that the price is in an upward trend.

CHZ Price Conclusions
- There is support at 76 satoshis.
- There is resistance at 145, 175 and 200 satoshis.
- The RSI suggests the price is in a bullish trend.
- CHZ is following a short-term ascending support line.
Origin Protocol (OGN)
The OGN price began an upward move on February 5 and increased by 300 percent in only three days. However, the price generated bearish divergence and has been decreasing since February 9. It has almost reached the 3000 satoshi area, which is likely to act as support in the future. The all-time high area of 4500 satoshis is likely to act as resistance. A price increase from the current level to the all-time high is an increase of 36 percent. Whether the OGN price decreases below the 3000 satoshi support area will determine if the upward trend will continue or OGN will correct. Since there is a lack of data for OGN, we cannot confidently make a prediction for the long-term price.
OGN Price Conclusions
- There is support at 3000 satoshis
- There is resistance at 4500 satoshis.
Conclusions
If all the coins were to return to their all-time highs, the price increases would be as follows- RVN: 407 percent
- TROY: 125 percent
- CHZ: 83 percent
- STX: 62 percent
- OGN: 36 percent
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
