In the past 24-hours, Grom (GR) and SpaceMeta (SPMETA) have experienced a surge in their values following high rallies. Therefore, CoinMarketCap has shared technical analysis on both cryptocurrencies.

Grom Rallied by 4770.74%

Among all the cryptocurrencies, Grom has demonstrated the top performance in the past 24-hours. The buyers have rallied at an extremely high rate in favor of Grom, and they have pushed the value of Grom by 4913.36% in the past 24-hours.

At the time of publication, the GR/USDT pair is trading at a price of $0.05767 per GR. As the bulls keep exerting high pressure against the bears acquiring as much Grom as possible, the value of Grom may surge to $0.1462 per GR.

For the bulls, hitting the $01462 per GR figure would be the first resistance milestone they would have reached with strong buying power.

Going forward, the bulls may increase their buying power, but the bears may give bulls are tough time in doing that. If the bulls do succeed in kicking the bears out of the competition, the price of Grom may elevate to $0.2584 per GR.

As the RSI for Grom moves higher into the positive territory, it would become even more bullish. This would be a huge turning point for the bulls as the neutral investors may also start investing in Grom at that point.

If the investors also start acquiring Grom, then the demand for the digital asset may continue rising. This would elevate the value of Grom higher into the third major resistance zone ($0.3577 per GR).

SpaceMeta Rallied by 267.53%

SpaceMeta is also a high performer and at the moment, its growth rate is second to Grom only. SpaceMeta bulls have also grown high positive sentiments in favor of SpaceMeta. They have been giving a hard competition to the bears and from the looks of it, their efforts have turned fruitful.

This is clearly visible from their strong input, which has pushed the value of SpaceMeta by 267.53% in the past 24-hours. Due to the strong rally, the value of SpaceMeta has now reached up to $0.000002475 per SPMETA.

Even after 24-hours, the bulls have strong sentiments for SpaceMeta and they are willing to go for higher gains for SpaceMeta. Therefore, the bulls may continue acquiring SpaceMeta until it hits the high resistance channel.

Going forward, the bulls may be aided by technical factors such as the RSI and the moving averages. If these factors move in favor of the bullish trend, then it will be much easier for the bulls to hit higher resistance marks for SpaceMeta.

In this particular case, the first high resistance mark the bulls may go for would be $0.000005785 per SPMETA. The second resistance mark the bulls may achieve would be $0.000009655, followed by the third resistance mark ($0.00001288 per SPMETA).