The Best-Performing Cryptocurrencies Are Bouncing Back in 2021 💰
After hitting critical support in July, some of the top-performing cryptocurrencies have shown resilience by bouncing back. These digital assets are showcasing a positive trend in their value, breaking above their moving average lines.
BOOK OF MEME 📚
BOOK OF MEME (BOME) has been following a horizontal trend trajectory since the uptrend peaked on March 16. With a high of $0.028, the cryptocurrency shifted into a sideways trend, trading below the $0.028 resistance but above the $0.007 support level. BOME’s price movement has been fluctuating around its moving average lines, influenced by Doji candlesticks.
- If buyers can sustain the price above $0.022, the market may rally to $0.030.
- Currently, BOME has surged to $0.010.
Key features of BOOK OF MEME include:
- Current price: $0.01072
- Market capitalization: $739,047,080
- Trading volume: $359,989,360
- 7-day gain percentage: 28.31%
AIOZ Network (AIOZ) ⚡️
AIOZ Network (AIOZ) is undergoing an upward correction phase post encountering resistance at $1.08. After dropping to $0.36, the altcoin has seen an upward trend as it surpasses the moving average lines, with initial resistance at $0.70.
- Currently on a slight pullback towards the moving average lines and trading above them, yet below the $0.70 resistance.
- AIOZ stands as the second-best-performing cryptocurrency.
Important details about AIOZ Network:
- Current price: $0.5936
- Market capitalization: $659,591,661
- Trading volume: $13,910,658
- 7-day gain percentage: 20.71%
Bitcoin Cash 🌟
Bitcoin Cash (BCH) is currently on an upward trajectory after surpassing the moving average lines on July 27. Recovering from a low of $288, BCH has reached a high of $458, facing resistance at the recent peak but aiming for continuous growth.
- Trading above moving averages and below the $470 barrier level.
- BCH ranks as the third-best-performing cryptocurrency.
Crucial data for Bitcoin Cash:
- Current price: $431.38
- Market capitalization: $9,059,438,806
- Trading volume: $365,560,698
- 7-day gain percentage: 18.41%
Bitcoin SV ⛓
Bitcoin SV (BSV) has witnessed a recovery phase, rising above the moving average lines after dropping to $31 on July 5. Hitting $52, the altcoin encounters resistance at the recent high, currently pausing below the $58.50 level.
- Trading above moving averages but below the $58.50 resistance level.
- Bitcoin SV stands as the fourth best performing cryptocurrency.
Key information about Bitcoin SV:
- Current price: $431.38
- Market capitalization: $9,059,438,806
- Trading volume: $365,560,698
- 7-day gain percentage: 18.41%
Flow 🌊
Flow (FLOW) is recovering from the price slump witnessed on July 5, bouncing back from a low of $0.47 to hit $0.69. With upward momentum, there’s potential for FLOW to reach $1.20, encountering early resistance at $0.90.
- FLOW ranks as the fifth-best-performing cryptocurrency.
Essential details about Flow include:
- Current price: $0.6934
- Market capitalization: $1,055,174,275
- Trading volume: $49,877,910
- 7-day gain percentage: 14.93%
Hot Take: 💡
You’ve just delved into the top-performing cryptocurrencies in 2021, witnessing a remarkable bounce back after reaching crucial support levels in July. With a mix of horizontal trends and upward corrections, these digital assets show promising signs of growth. Keep an eye on these cryptocurrencies as they could potentially surge further in the market.
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