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 (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.

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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 (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%.

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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 (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.

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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.

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