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Crypto prices were consolidating across the board on Sunday with no clear directional bias. Bitcoin (BTC) was trading in a sideways price action in a significant region ranging from $27,100 to $30,000. The big crypto was trading at $27,918, down a mere 0.33% on the day, adding credence to the decreasing price volatility.
Similarly, Ethereum (ETH) was trading at $1,836 having lost 1.64% of its value in the last 24 hours. Other top non-stablecoin cryptocurrencies also showed similar price actions with Binance Coin (BNB) and XRP had dropped 0.37% and1.26% over the same timeframe.
The global cryptocurrency market was at $1.17 trillion, a 0.60% decrease over the last day. The total crypto market volume over the last 24 hours was $28.5 billion, which makes a 13.10% increase. The total volume in Decentralized Finance (DeFi) was at $2.88 billion, 10.08% of the total crypto market 24-hour volume while the volume of all stablecoins is now $24.69 billion representing 86.55% of the total crypto market 24-hour volume, according to data from CoinMarketCap.
Market analysts are hopeful that the market will break out of consolidation to the upside. One Twitter user posted the following tweet predicting that the total crypto market may surge to $1.755 trillion in the near future.
#CRYPTO TOTAL MARKET CAP is about to surge! 💥
Last time the Williams Alligator 🐊 flipped bullish after a long period of decline, the crypto market surged & reached the 61.8% fibonacci retracement target.
The current 61.8% target is located at 1.755T 🚀🎯 pic.twitter.com/mx9plS7DKh
— Titan of Crypto (@Washigorira) April 8, 2023
As crypto investors wait for Bitcoin to lead the market in the direction it should take, they could look to other promising alternatives with the potential to multiply in 2023. Our dedicated team at InsideBitcoins has put together a list of the biggest crypto gainers based on the recent price action and presale performance.
These include Chiliz (CHZ), Casper (CSPR), Love Hate Inu (LHINU), Deelance (DLANCE), Metropoly (METRO), Ecoterra (ECOTERRA), and RobotEra (TARO).
Let’s dig in to find out why these are the biggest crypto gainers this weekend.
7 Biggest Crypto Gainers Sunday April 9
Chiliz (CHZ) Price Could Rise To $0.143
Chiliz price was turning down after losing 6.6% in the last 24 hours. This sports entertainment token was hovering at $0.1312 inside an ascending channel. As long as CHZ continues trading within the confines of the ascending parallel channel, it will continue rising.
Therefore, a daily candlestick close above the $0.130 support level provided by the lower boundary of the rising channel to confront resistance from the middle boundary of the channel at $0.136. Higher than that, the altcoin may rise toward the upper boundary of the channel at $0.143. Such a move would represent a 10% uptick from the current price.
CHZ/USD Four-Hour Chart
Supporting this optimistic outlook for Chiliz was the strong support the price enjoyed on the downside. Apart from the technical pattern, the Simple Moving Averages (SMAs) sitting between the $0.117 and $0.130 demand zones provided possible safe havens for the buyers, should CHZ drop these levels.
In addition, the Relative Strength (RSI) was moving above the midline in the positive region. The value of the RSI at 51 suggested that there were still more bulls than bears in the market. This suggested that increased buying from these bulls may propel the price higher.
Also supporting the positive narrative for Chiliz was the position of the Moving Average Convergence Divergence (MACD) indicator above the zero line. This suggested that the market conditions still favored the upside.
On the downside, the price was trading in the red while both the RSI and the MACD had began tipping downward. This indicated that the ongoing extension could be extended to areas below the lower boundary of the channel at $0.130. Beyond that, CHZ may drop lower to revisit the 50-period SMA at $0.126, the 100 SMA at $0.122, and the 200 SMA at $0.119 before returning to the $0.117 support floor.
Casper (CSPR) Price Triple TopCould Lead To 25% Losses
Casper price action between January 25 and April 9 had formed a triple-top technical formation on the daily chart (see below) projecting a 25% downside move. Note that CSPR was rejected from the $0.045 supplier congestion level twice in the recent past with the price tumbling toward the $0.033 support level.
CSPR/USD Four-hour Chart
Therefore, even if the momentum from the recent uptrend could propel the Casper price toward the $0.045 level, overhead pressure from here would push it back down with the first line of defense emerging from the $0.040 psychological level. Additional support lines would be found at the $50-day SMA at $0.038, the 100-day SMA at $0.036, and later the 200-day SMA at $0.034.
In severe selling cases, CSPR may drop to revisit the $0.033 support floor. Such a move would represent a 25% drop from the current levels.
On the upside, CSPR looks strong after rising more than 13% over the last week. Therefore, it makes it to our list of biggest crypto gainers today because it looks strong above the moving averages. The RSI is still positioned in the positive region at 57, suggesting that there were still more buyers than sellers in the market.
Therefore, Casper price could rise from the current levels with the to tag the $0.045 support level. Shattering this barrier would confirm a bullish breakout for altcoin bringing $0.1 into the picture.
Love Hate Inu (LHINU) – Over $3.2 Million Raised In Presale
For those coins in presale on our list of biggest crypto gainers today, Love Hate Inu (LHINU) tops the list. Love Hate Inu is an innovative meme coin with a Vote-to-earn (V2E) system, has gained significant attention, raising $3.23 million in its presale in less than two weeks.
The project’s unique model allows users to express opinions on polarizing figures and subjects while earning rewards.
Mark your calendars and set your alarms, #LoveHateInu Crew!⏰👊
As our Twitter Spaces AMA is happening this Monday at 3PM BST! 🗓️
Have you submitted your questions already?💭
See you soon!🤝🐶https://t.co/esmWooGMtG pic.twitter.com/m9JG60fOfD
— Love Hate Inu (@LoveHateInu) April 8, 2023
The project aims to disrupt the $3.2 billion survey industry by introducing sponsored polls with attractive incentives, such as NFT discount codes and physically-backed NFTs.
The LHINU ecosystem features a real-time vote staking mechanism, requiring a minimum of 30 days of staking $LHINU to prevent spam and manipulation.
Currently, the presale price is 1 $LHINU = 0.000105 USDT, with just under six days left before the price increases to $0.000115. The launch price will be 1 LHINU = 0.000145 USDT.
As excitement around the platform continues to grow, LHINU presents a remarkable investment opportunity for those eager to join this ground-breaking platform.
Deelance (DLANCE) – A Revolutionary Freelance Recruitment Platform
DeeLance is a novel blockchain-powered freelancing and recruitment platform that provides users with a secure, legitimate, and transparent work environment. It sets itself apart from traditional platforms like Upwork and Fiverr by offering lower fees, that is 2% for clients and 10% for freelancers.
The platform features a comprehensive solution, including an NFT marketplace, metaverse, and recruitment platform, which streamlines the freelancing workflow. As outlined in its whitepaper, DeeLance gives both employers and freelancers more control over projects and facilitates payments in fiat or digital currencies.
Attention DeeLancers!#DeeLance is the next-generation web3 freelancing platform that empowers users to build professional social experiences in the #Metaverse while ensuring full ownership of work via NFTs
Join presale today & let the adventure begin⤵️https://t.co/XHnTqVzMLN pic.twitter.com/VO0tinLSp4
— DeeLance (@deelance_com) April 8, 2023
With Deelance, freelancers have enhanced flexibility, with no restrictions on withdrawal fees, project size, or currency conversion waiting times. Additionally, users can choose crypto payments to avoid foreign exchange rate costs.
This decentralized platform aims to revolutionize the $761 billion recruitment sector by connecting users with a wide array of unparalleled job opportunities.
DeeLance’s native token, DLANCE, built on the Ethereum blockchain, offers a multitude of use cases, including purchasing NFTs, renting office spaces in the metaverse, conducting virtual interviews, and much more.
DLANCE’s recent presale met with great enthusiasm and has already attracted over $54,000 in investments from early supporters, booking its sport among the biggest crypto gainers today.
Investors piquing interest in DeeLance can buy discounted DLANCE tokens in the presale at $0.025.
Metropoly (METRO) – Bringing Fractional Ownership To Real Estate
Also among our biggest crypto gainers today is Metropoly (METRO), an innovative real estate crypto project poised to revolutionize the way people invest in real estate.
By creating a decentralized marketplace powered by blockchain technology, Metropoly aims to democratize access to real estate projects, enabling even the smallest retail investors to own fractional shares in real estate investments.
By leveraging NFT technology for proof of ownership, Metropoly streamlines the buying process, reducing the average transaction time from 60 days to just 20 seconds and significantly lowering investment minimums. This makes the platform more accessible and appealing to a wider range of investors.
The $METRO token serves as the primary means of settlement on the platform and is used for buying and selling real estate, as well as distributing passive income flows to token holders.
With an upcoming CEX listing, GameFi connectivity, and lending functionality in the pipeline, Metropoly presents an exciting opportunity for investors.
The project is currently in presale and has raised more than $1.1 million so far.
Metropoly is making real estate investment convenient like never before! 🏡💸
💰 1,124,000+ USD raised
👥 2,800+ ParticipantsCheck out our presale while it’s hot! 🔥👉https://t.co/sudxOznyWn#metropoly #realestate #metro #crypto #nft #nftrealestate #beta2 #presale pic.twitter.com/mh2wrBFLEb
— METROPOLY – PRE-SALE IS LIVE! 🔊 (@metropoly_io) April 8, 2023
Visit Metropoly here to find out more about how to participate in the presale.
Ecoterra ($ECOTERRA) – The Newest Green Crypto In The Market
Ecoterra is a new blockchain startup that introduces its Recycle-to-earn (R2E) platform which rewards users with ECOTERRA tokens for their recycling and climate protection efforts.
By scanning the barcode of a recyclable item and depositing it at a Reverse Vending Machine, individuals can receive a receipt outlining the type and quantity of material recycled, which can then be photographed using the Ecoterra app, and the ECOTERRA tokens collected.
Recently, Ecoterra has expanded its product database by adding popular brands to the list of scannable items. These include products from Nestle and Sanpellegrino, and the list keeps growing.
ecoterra has seamlessly integrated @Sanpellegrino‘s products into our system!♻️
Did you end up with many empty Sanpellegrino cans after your Friday Night?🍹🍊
Start earning $ECOTERRA from them by recycling with us!
Let’s join forces in building a more sustainable future! 🌱🌎 pic.twitter.com/6kiNS0OooD
— ecoterra (@ecoterra3r) April 8, 2023
It remains to be seen whether this green cryptocurrency platform will have a significant impact on waste disposal and recycling practices.
The Ecoterra platform takes recycling to a new level by providing a recycling marketplace that simplifies interactions between businesses and recycling groups. This digital space enables the effective management and trade of waste materials, leading to improved waste disposal strategies.
The current presale of the platform’s exclusive currency, ECOTERRA, has piqued the interest of investors and eco-conscious individuals alike.
To participate in this early-bird sale, one must hold either ETH or USDT, both of which are readily available on numerous prominent cryptocurrency exchanges or can be bought using a credit or debit card through the presale interface.
RobotEra (TARO) – The Metaverse Crypto Has Raised $1.08M In Presale
Last on our list of biggest crypto gainers RobotEra (TARO) is an innovative metaverse platform that combines the world of gaming with the rapidly growing world of non-fungible tokens (NFTs). The platform allows players to enter a virtual world called Taro, where they can live as robot avatars and engage with other players in competitions and challenges.
The most exciting aspect of RobotEra is its integration of NFTs, allowing players to trade their customizable robot avatars on the platform’s marketplace, giving them a fresh and unique experience in the NFT space.
In the virtual world of Taro, players can purchase virtual lands, build estates, and create robot companions to assist them in their tasks. Real estate ownership and lands on Taro are secured and verified with the help of NFTs, ensuring transparency and trust among players.
The project has gained immense popularity since its inception, with over $1.08 million raised in its presale. RobotEra has set itself apart in the crowded metaverse space by offering an exciting and unique take on NFTs, making it a highly anticipated project among investors and gamers alike.
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Source: https://insidebitcoins.com/news/biggest-crypto-gainers-today-april-9-chz-cspr-lhinu-dlance-metro-ecoterra-taro