The Top Performing Altcoins in the Bull Market
The rejection of the overhead resistance has led altcoins to move laterally, but they are gradually recovering as cryptocurrencies surpass the resistance levels above. Here are some of the best performing altcoins currently:
Render
The price of Render (RNDR) has been on an upward trajectory, peaking at $13.62 on March 17, 2024, and is currently trading in a bull market. However, the rally halted as it entered a horizontal pattern due to buyers’ inability to sustain the positive trend above the $14 resistance level. RNDR is currently fluctuating between $7.50 and $14, with a current value of $11.08. The altcoin is poised to perform well if it breaks through the range boundaries.
- Current price: $11.08
- Market capitalization: $5,950,351,583
- Trading volume: $538,643,472
- 7-day gain: 46.09%
Akash Network
Akash Network (AKT) is experiencing an uptrend and trading in a bullish market. After hitting a high of $6.24, AKT entered a sideways trend, oscillating between $3.50 and $6.50. Despite attempts by bulls to break through the overhead resistance at $6.50, the altcoin is currently valued at $5.90 and inching closer to the barrier. An upward momentum is expected if the resistance is breached.
- Current price: $6.06
- Market capitalization: $2,353,487,298
- Trading volume: $327,361,517
- 7-day gain: 42.49%
AIOZ Network
The price of AIOZ Network (AIOZ) is on the rise in a bullish market, reaching a high of $1.08, with a current value of $0.77. The altcoin is currently in a sideways pattern, encountering resistance at $1.10. Once the resistance is breached, the current rise is expected to continue. AIOZ Network is the third most valuable coin with the following features:
- Current price: $0.7856
- Market capitalization: $856,107,298
- Trading volume: $21,094,114
- 7-day gain: 32.29%
THORChain
THORChain (RUNE) has shown a decline following its recovery from a previous drop. With a current value of $5.99, it corrected to a high of $11.46 before dropping to $4.31. Despite the fluctuations, RUNE is consolidating above $4.78, moving towards a possible trend development once the moving averages are breached.
- Current price: $5.99
- Market capitalization: $2,480,218,799
- Trading volume: $424,677,303
- 7-day gain: 30.04%
Toncoin
Toncoin (TON) is currently on an upward trajectory in a bullish market, with a high of $7.67 on April 11. TON is currently valued at $6.71 and is trading between $4.50 and $7.00. Once the $7.00 resistance level is breached, the uptrend is expected to resume. TON is the fifth best performing altcoin with the following statistics:
- Current price: $6.70
- Market capitalization: $34,192,162,786
- Trading volume: $770,883,388
- 7-day gain: 27.68%
Hot Take
Keep an eye on these top performing altcoins in the bull market as they continue to show significant potential for growth and profit. Stay informed and make the most of the current market conditions to maximize your investment opportunities.
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