Ethereum Name Service
The price of Ethereum Name Service (ENS) is recovering and has resumed its uptrend. The altcoin is showing a pattern of higher highs and higher lows, currently reaching a high of $26.12. It is expected to reach the previous high of $84 as it approaches the 2.618 Fibonacci extension or $29.86. ENS offers several advantages, including a current price of $25.60, a market capitalization of $2,551,257,104, a trading volume of $347,786,685, and a 7-day gain of 105.93%.
Sui
The price of Sui (SUI) has reached its previous high of $1.23 after ending its recovery phase. If buyers can keep the price above this level, the altcoin will start to rise further. However, if the bulls fail to break the current high, SUI will trade between $0.90 and $1.20. SUI has a current price of $1.26, a market capitalization of $12,593,772,229, a trading volume of $610,540,544, and a 7-day gain of 54.66%.
Ethereum Classic
The price of Ethereum Classic (ETC) rises when it breaks above the moving average lines. It recently reached a high of $32.00 before retracing. ETC is recovering and expected to reach a high of $42. The altcoin currently has a price of $27.74, a market capitalization of $5,838,482,398, a trading volume of $489,949,898, and a 7-day gain of 41.95%.
Helium
Helium (HNT) has started a new uptrend after reaching a high of $9.00. The altcoin is approaching its previous high and will rise to $14.75 if the current resistance level is broken. However, if it fluctuates above the 21-day SMA and resistance at $9.00, the bullish scenario will be invalidated. HNT has a current price of $7.57, a market capitalization of $1,689,956,983, a trading volume of $15,753,893, and a 7-day gain of 26.39%.
Bonk
Bonk (BONK) is in an upward correction after its previous dip. The altcoin rose to a high of $0.00001799 and pulled back above the 21-day SMA, indicating a potential uptrend resumption. If the uptrend continues, BONK could reach a high of $0.00002700. However, if the bears drop below the 21-day SMA, the cryptocurrency may fall to as low as $0.00001050. BONK currently has a price of $0.00001443, a market capitalization of $1.44B, a trading volume of $206.52M, and a 7-day gain of 37.24%.
Hot Take: Cryptocurrencies Showing Recovery and Uptrend
The cryptocurrency market is experiencing an uptrend with several cryptocurrencies recovering and showing positive price movements above moving average lines. Ethereum Name Service (ENS), Sui (SUI), Ethereum Classic (ETC), Helium (HNT), and Bonk (BONK) are among the coins that have seen improvements in their prices recently.
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