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Analysts reveal that Midnight, Sandbox and LayerZero's three focused tokens rose more than 40% in a

2026-10-07 18:36:23

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Midnight tests $0.052 resistance

Midnight ($NIGHT) has risen from approximately $0.032 to $0.049 in the past week, according to Ali Charts. The token entered the consolidation channel after hitting a high of nearly $0.053 on October 3. It is worth noting that $NIGHT has tested resistance levels near $0.052 twice. Ali Charts pointed out that if the four-hour close stands above that level, it will open up space for prices to reach $0.060. Recent price movements follow sharp weekly gains, but as consolidation continues, Midnight is currently trading below its October 3 high.

Sandbox focuses on the $0.063 support level

Sandbox ($SAND) also rose about 52% over the same period, from $0.043 to about $0.065. The token pulled back after hitting a high of nearly $0.078 on October 3. Before Sandbox fell from its October 3 high, the TD Sequential indicator sent a sell signal. According to Ali Charts, the indicator then generated a buy signal for $SAND. Analysts are closely watching $0.063 as support. If this level is maintained, it is expected to rebound to $0.077.

LayerZero faces channel correction risk

LayerZero ($ZRO) recorded a smaller weekly gain of about 43%.$ ZRO reached $2.29 and traded at $2.28 near the upper boundary of the ascending channel. Ali Charts said that if a rejection is encountered near $2.028, LayerZero may fall back towards near $2 at the lower boundary of the channel. Analysts pointed out that $NIGHT is consolidating,$SAND is trying to rebound, and $ZRO may need a pullback.

Overall Crypto Market Overview

At the same time, the total market value of the cryptocurrency market excluding the top ten assets remained around approximately US$243 billion. The four-hour market size after excluding the top ten assets rose 0.63% to open at $241.37 billion. The market peaked at $243.31 billion and then fell to $240.02 billion. After recovering from approximately US$197 billion to US$200 billion in September, the market size once exceeded US$250 billion. However, prices are currently being consolidated below $250 billion to $255 billion. The RSI index was 43.24, below its average of 53.44; the MACD histogram was negative, reaching US$585.55 million. If it falls below US$240 billion, it may be exposed to the target level of US$230 billion; if it recovers above US$250 billion, the target will look in the range of US$255 billion to US$260 billion.

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