The Best-Performing Cryptocurrencies in an Uptrend
The cryptocurrency market is currently seeing a positive trend, with many altcoins trading in the overbought area. While this can hinder the uptrend, there are several cryptocurrencies that are performing exceptionally well. Let’s take a closer look at some of these top-performing coins.
Dymension (DYM)
Dymension (DYM) is experiencing an uptrend, reaching a high of $8.40 on February 6, 2024. However, it failed to sustain the bullish momentum above the $9.00 resistance level and has been trading sideways below this level. The altcoin is currently priced at $7.28 and has shown characteristics of being the best-performing coin.
Current price: $7.37
Market capitalization: $7,373,691,618
Trading volume: $110,713,924
7-day gain/loss: 79.71%
Kaspa (KAS)
Kaspa (KAS) is currently in a sideways trend, fluctuating below the $0.15 resistance level. Although it used to be in an uptrend, it broke on November 19, 2023, and has been moving sideways since then. The altcoin’s price has fluctuated between $0.10 and $0.15 over the past two months.
Current price: $0.1414
Market capitalization: $4,048,981,012
Trading volume: $57,291,529
7-day gain/loss: 40.14%
Stacks (STX)
Stacks (STX) is currently trending sideways below the $2.20 threshold. Although it reached a high of $2.05 on January 8, 2024, the positive momentum ended when it dipped below the moving average lines. The altcoin is now testing the resistance level to resume its positive trend.
Current price: $1.99
Market capitalization: $3,624,751,225
Trading volume: $219,346,414
7-day gain/loss: 33.48%
Immutable (IMX)
Immutable (IMX) is in a new uptrend after breaking through the $2.06 barrier. Although it previously reached a high of $2.60 on December 23, 2023, it fell below the moving averages before recovering and breaking through the resistance at $2.60. The altcoin is currently trading at $2.93 and is expected to continue its uptrend beyond the $3.00 peak.
Current price: $2.93
Market capitalization: $5,863,094,711
Trading volume: $238,459,392
7-day gain/loss: 29.58%
ORDI (ORDI)
ORDI (ORDI) is currently in an uptrend but has entered a horizontal trend after reaching a high of $91 on January 2, 2024. The altcoin is now trading sideways between $48.50 and $80 and is approaching the $80 barrier. If the bulls break through this resistance level, ORDI may rise to a high of $101.48.
Current price: $70.73
Market capitalization: $1,484,136,156
Trading volume: $382,850,538
7-day gain/loss: 28.14%
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