Best-Performing Cryptocurrencies Recover from Bear Market
The best-performing cryptocurrencies have fully emerged from the bear market and recovered this week. Altcoins have risen steadily with or without obvious obstacles. Analysis from brings you this weekโs review of JASMY, WLD, AGIX, SC and FET coins.
JasmyCoin
JasmyCoin (JASMY) is currently in an uptrend and has fully recovered from its previous decline. The cryptocurrency is in a vertical rise and has reached a high of $0.016. The altcoin surpassed its historical price of $0.0079 on May 5, 2023. JASMY is now trading in an uptrend market. On the downside, the price of the altcoin has been hovering between $0.0048 and $0.007. The bulls are breaking through the resistance at $0.007 and starting their upward push. The altcoin is expected to rise even further to its previous highs.
- Current price: $0.01636
- Market capitalization: $817.89M
- Trading volume: $1.41B
- 7-day gain: 154.79%
Worldcoin
Worldcoin (WLD) is in an uptrend and has been trading as a bull since breaking above the $2.50 resistance. Breaking the $2.50 barrier catapulted the altcoin to a high of $7.98. It is currently in the $8.00 resistance zone. If the buyers overcome the initial $8.00 barrier, the market will reach a high of $9.76. WLD is currently worth $7.40.
- Current price: $7.42
- Market capitalization: $74.206.862.498
- Trading volume: $857,139,486
- 7-day gain: 135.20%
SingularityNET
SingularityNET (AGIX) is in an uptrend and has fully recovered from its dip. The bulls have surpassed the historical price level of $0.66, which was set on September 5, 2021. The altcoin is currently trading at $0.738. The upward movement is expected to meet resistance once it reaches $0.75. The rise will continue if buyers break above the $0.75 resistance level. Should the current barrier hold, AGIX will be forced to trade in a sideways range between $0.55 and $0.75.
- Current price: $0.6985
- Market capitalization: $1,393,939,658
- Trading volume: $429,571,453
- 7-day gain: 116.71%
Siacoin
Siacoin (SC) is in an uptrend and is trying to fully recover from its recent decline. The altcoin has reached a high of $0.017 at the time of writing. The current upswing is likely to be rejected at a high of $0.03. Since August 30, 2021, buyers have failed to break through resistance at $0.03. SC will be forced to trade down if it is rejected at the recent high.
- Current price: $0.01698
- Market capitalization: $959,607,459
- Trading volume: $229,254,189
- 7-day gain: 66.81%
Fetch.ai
Fetch.ai (FET) is in an uptrend and has fully recovered from its recent dip. The altcoin will reach its historic price of $1.20 on September 6, 2021. Buyers have driven the altcoin to a high of $1.14 by this date. A break above the resistance at $1.20 will allow the altcoin to trade in the bullish trend zone and resume its upward momentum.
- Current price: $1.14
- Market capitalization: $1,322,390,390
- Trading volume: $423,454,998
- 7-day gain: 57.80%
Hot Take: Best-Performing Cryptocurrencies Show Strong Recovery
The best-performing cryptocurrencies have shown a strong recovery from the bear market, with altcoins rising steadily. JASMY, WLD, AGIX, SC, and FET have all experienced significant gains and are currently trading in uptrends. These coins have surpassed historical price levels and are expected to continue their upward momentum.