This week’s best-performing altcoins are trading sideways but have rebounded from the bottom of their respective charts.
Cryptocurrencies have moved back above the moving average lines, increasing the likelihood of further gains. However, the optimistic rise of tokens has been limited by an overhead resistance.
DashThe altcoin is now retreating and approaching the current support level of $70. DASH will continue to rise if this support holds. DASH is the best-performing cryptocurrency.
The current price: $69.86
Market capitalization: $878,389,950.06
Trade volume: $440,451,976.29
7-day gain: 26.98%
LayerZero The current price: $1.78
Market capitalization: $593,936,505.05
Trade volume: $100,559,423.44
7-day gain: 9.82%
However, if the negative trend breaks below the moving average lines, the altcoin will fall below $2.00. ICP is the third most popular altcoin. Here are some of its characteristics.
The current price: $3.67
Market capitalization: $2,011,802,874.43
Trading volume: $173,554,942.45
7-Day gain: 6.795%
The current price: $0.06231
Market capitalization: $1,432,513,347.69
Trade volume: $17,443,537.19
7-day gain: 4.34
Currently, the price is above the moving average lines but below the resistance at $84. QNT is trading within a narrow range. If the bears push the price below the moving average lines, the altcoin will fall as low as $68. Long candlesticks with wicks at $84 indicate significant selling pressure at the recent high. QNT is the fifth-best-performing cryptocurrency.
The current price: $78.48
Market capitalization: $947,351,989.49
Trade volume: $24,134,444.32
7-day gain: 4.19%
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.
