๐ Crypto Gainers: Top Performers and Their Prospects ๐
Crypto Gainers have been in the spotlight recently, showcasing impressive performances that have captivated the market. Let’s dive into the details of the top crypto gainers this week and explore what the future holds for these promising cryptocurrencies. ๐๐น
BTC’s Recent Surge and Market Impact ๐
From July 5th onwards, BTC skyrocketed nearly 27%, reaching a remarkable $68,270. This bullish trend invigorated the broader market, highlighting some standout crypto gainers and a few losers. However, BTC recently pulled back to its 200-day EMA support, yet managed a 5% surge over the last two days. ๐๐
Top 4 Crypto Gainers of the Week ๐
- Cat in a Dog’s World (MEW)
- Helium (HNT)
- SATS (SATS)
- Flow (FLOW)
Based on last week’s performance, the optimism surrounding these gainers could lead to further advancements in the upcoming daily charts. Let’s delve into the technical analysis of these top performers. ๐ง๐
Cat in a Dog’s World (MEW): Technical Analysis ๐ฑ๐ถ
Since its launch, MEW has experienced significant volatility, forming a descending triangle pattern on the 1-day chart. Over the past two weeks, MEW surged by over 135% before taking a brief pause. Indicators suggest strong support from the 50-day EMA band, with a potential retest of the $0.009944 mark. ๐๐ช
- MACD: Bullish crossover with a large histogram at 0.0003893.
- RSI: Preparing for another bullish push, currently at 69.43.
Resistance: $0.0088 and $0.0099
Support: $0.0062 and $0.0048
Can Helium (HNT) Maintain Its Rally? ๐ฌ๏ธ๐ถ
Helium (HNT) has shown consistent bullish behavior, forming green candles for several days. HNT surged over 700% to $11.160 by February 15th, 2024, from a significant support level of $1.429. Despite a period of profit-taking and a falling wedge formation, a broader bullish sentiment prevailed in July, resulting in a 75% spike. ๐๐ฅ
- MACD: Histogram on the rise at 0.152.
- RSI: At overbought conditions, currently at 69.95 (DYOR).
Support: $3.01 and $4.24
Resistance: $6.91 and $8.01
SATS Technical Chart Overview ๐โจ
SATS has risen over 200% in the past three weeks, reflecting a positive market sentiment. The token breached the 50-day EMA and is now heading upwards. The MACD has shown a bullish cross above the zero line, with the histogram advancing at 0.0000000078. The RSI is at 66.90, indicating further upside potential. ๐๐ก
Resistance: $0.0000003486 and $0.0000003893
Support: $0.0000002524 and $0.0000001534
Flow (FLOW) Daily Chart Analysis ๐๐ฅ
FLOW experienced a remarkable surge of over 300% from October 2023 to mid-March 2024, moving from $0.417 to $1.693. Despite a three-month profit-taking period, the price recently broke above the wedge pattern. The BTC surge helped FLOW breach the 50-day EMA band, turning the sentiment bullish. ๐๐
Resistance: $0.820 and $1.00
Support: $0.60 and $0.40
Overall, these Crypto Gainers have shown strong bullish trends, and with the right market conditions, they could continue to thrive. Stay tuned for more updates and keep an eye on these top performers! ๐๐น๐
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