The Best Performing Cryptocurrencies in the Market
If youโre a crypto enthusiast, youโll be pleased to know that several cryptocurrencies have either fully recovered from the bear market or are starting to show signs of a bull market again. In this overview, weโll discuss five altcoins that are currently performing well in the market:
Pepe (PEPE)
Pepe (PEPE) is experiencing an uptrend after recovering from a previous downturn. The cryptocurrency has reached a high of $0.00000211560 and is likely to surpass the $0.00000281000 resistance level. Prior to its recent surge, PEPE was trading sideways below the $0.00000160000 resistance level. However, buyers are now overcoming this resistance and pushing the price towards the next high at $0.00000220000. If PEPE can overcome the resistance at $0.00000281000, it will fully recover.
Key details about PEPE:
- Current price: $0.000002129
- Market capitalization: $895.46M
- Trading volume: $749.99M
- 7-day gain: 81.44%
Theta Network (THETA)
Theta Network (THETA) is currently undergoing an upward correction as it crosses above the moving average lines. The altcoin is recovering from its previous slide below the $0.55 support level and has broken through the resistance at $1.40. THETA is currently trading at $2.09 and is expected to continue rising towards the next resistance level at $2.60.
Key details about THETA:
- Current price: $2.11
- Market capitalization: $2,117,850,037
- Trading volume: $497,788,806
- 7-day gain: 69.43%
Flare (FLR)
Flare (FLR) has fully recovered from its slump and is currently in an uptrend. The cryptocurrency broke through the resistance at $0.035 and has risen above the $0.00819 support level. It has also broken the moving average lines and is forming higher highs and higher lows. FLR is currently trading at $0.05055 and is predicted to continue rising to recent highs.
Key details about FLR:
- Current price: $0.05055
- Market capitalization: $5,061,741,014
- Trading volume: $113,601,593
- 7-day gain: 50.69%
SingularityNET (AGIX)
SingularityNET (AGIX) is recovering from a dip and is currently in an uptrend. The altcoinโs attempts to maintain positive momentum above the overhead resistance at $0.65 have hindered its recovery. However, if AGIX retraces and remains above the current support level, it will continue to rise.
Key details about AGIX:
- Current price: $0.7169
- Market capitalization: $1,433,878,898
- Trading volume: $191,299,627
- 7-day gain: 41.97%
Uniswap (UNI)
Uniswap (UNI) is in the process of reversing its previous downtrend. The altcoin rallied above the $3.90 support level and broke above the moving average lines. Although it retraced and retested the moving average lines, UNI is currently oscillating below its recent high. The upswing will begin once it overcomes the resistance at $12.
Key details about UNI:
- Current price: $10.89
- Market capitalization: $10,894,943,382
- Trading volume: $461,889,953
- 7-day gain: 41.17%
Hot Take: Bullish Trend in the Cryptocurrency Market ๐
The cryptocurrency market is showing promising signs of a bull market as several altcoins have either fully recovered from the bear market or are in the process of reversing their previous downtrends. This presents exciting opportunities for crypto enthusiasts like you. Keep an eye on these top-performing cryptocurrencies and consider adding them to your portfolio for potential gains.
Cabel Dioli emerges as a luminary seamlessly blending the roles of crypto analyst, dedicated researcher, and editorial artisan. Within the dynamic expanse of digital currencies, Cabel’s insights resound like finely tuned notes, reaching minds with diverse inquisitiveness. His mastery in unraveling intricate threads of crypto intricacies harmonizes effortlessly with his editorial finesse, transforming complexity into a captivating symphony of comprehension.