Keep Up with the Latest Updates on Cryptocurrency Trends This Year!
Are you curious about the current trends in the cryptocurrency market? Here’s a breakdown of some of the top-performing cryptocurrencies this year, along with their market data and performance metrics. Stay informed and make strategic decisions when it comes to your crypto investments!
VeChain Makes an Upward Correction
– VeChain (VET) is currently in a downtrend but showing signs of an upward correction.
– The bullish momentum pushed VET above the moving average lines, reaching a high of $0.033.
– If the current resistance is broken, VET could rise to $0.038.
Aave Trading in a Horizontal Trend
– Aave (AAVE) has been trading sideways between $80 and $110 since April 13.
– The cryptocurrency is currently above the moving average lines but below the $110 resistance level.
– AAVE could reach $130 if the bulls manage to break through the resistance.
Maker Correcting Upwards Amid Downtrend
– Maker (MKR) is experiencing an upward correction within a downtrend.
– The price rose to $3,125 but faced rejection near the $3,000 barrier.
– MKR could resume its uptrend if it consolidates above the moving average lines.
Notcoin Enters Sideways Trend
– Notcoin (NOT) is currently in an uptrend but has entered a sideways trend after hitting resistance at $0.029.
– The altcoin’s price range is between $0.009 and $0.02, awaiting a breakout for a new trend.
– NOT is striving to break above the moving average lines and is currently valued at $0.01421.
Ethereum Name Service in a Horizontal Trend
– Ethereum Name Service (ENS) began a horizontal trend after reaching a high of $30 on June 1.
– ENS is trading below the $30 resistance level, experiencing resistance whenever it attempts to break through.
– The altcoin is valued at $28.71 and is currently below its recent high, showing signs of a downward trend.
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