Analysis of Weekly Altcoin Trends: Resumed Bullish Momentum and Increased Cryptocurrency Traction

Analysis of Weekly Altcoin Trends: Resumed Bullish Momentum and Increased Cryptocurrency Traction


Celestia

Celestia (TIA) has established a positive trend and is on an uptrend after recovering and growing over moving average lines. Since November 2, the altcoin has been consolidating over the $2.00 level of support and is preparing for a likely breakout. On November 10, the digital currency recovered and climbed to a high of $7.50, and the present uptrend is very likely continue beyond the recent peak. With an overbought territory in the market, TIA is performing quite well with a current price of $7.14.

READ NOW
Explaining the Role of Blockchain in Enhancing Daily Healthcare Practices

Kaspa

Kaspa (KAS) is as of now growing steadily with a series of higher highs and higher lows. The altcoin has reached the projected price of $0.12, which is the 1.618 Fibonacci extension, and is now valued at $0.1373 with a 7-day gain of 56.66%.

Render

Render (RNDR) is in an uptrend with higher highs and lows and is approaching the projected price of $3.52. The altcoin has surpassed the historical price level of June 4 and as of now has a value of $3.34 with a 7-day gain of 35.40%.

READ NOW
Swan Bitcoin CEO indicates a quieter Bitcoin entry point

Avalanche

Avalanche (AVAX) is as of now going through an upswing and has hit a high of $24 on Nov. 16. It is as of now valued at $21.27 with a 7-day gain of 33.44% and is approaching the historical level of $30.

THORChain

THORChain (RUNE) is steadily growing and about to reach its peak price of $22.50 again, after hitting a peak of $6.51. As of now priced at $5.27 with a 7-day gain of 30.08%, it is the fifth most profitable digital currency.

READ NOW
Analyst Predicts Bitcoin’s Imminent Surge Towards $45,000, Poised for Explosive Rally

Hot Take

The altcoin market is showing promising uptrends with TIA, KAS, RNDR, Avalanche (AVAX), and RUNE, delivering percentages of gains, making these digital currencies excellent options to consider investing in.

Author – Contributor at | Website

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.

READ NOW
Is Cardano (ADA) Showing Positive Network Data in Latest Development Report, Indicating Bullish Trends?
Read Disclaimer
This page is simply meant to provide information. It does not constitute a direct offer to purchase or sell, a solicitation of an offer to buy or sell, or a suggestion or endorsement of any goods, services, or businesses. Lolacoin.org does not offer accounting, tax, or legal advice. When using or relying on any of the products, services, or content described in this article, neither the firm nor the author is liable, directly or indirectly, for any harm or loss that may result. Read more at Important Disclaimers and at Risk Disclaimers.

Subscribe to our Social Media for Exclusive Crypto News and Insights 24/7!

Email me the hottest Crypto news!

Latest Crypto News

Share via
Share via