The following altcoins have all rebounded from the bottom of their respective charts.
These cryptocurrencies have recovered and moved above the moving average lines, resuming their bullish trend. After its resurgence, SOON recorded a series of higher highs and higher lows.
SOON
The SOON (SOON) price is rising. The cryptocurrency surpassed the $0.60 threshold and twice peaked above $3.00.
However, it fell sharply above the $1.40 support before resuming its upward movement towards the previous high. There are three long candlesticks with wicks pointing towards the $3.00 mark, indicating heavy selling pressure at the recent top. On the positive side, the price is forming a succession of higher highs and higher lows. SOON is currently the best-performing cryptocurrency. Its features include:
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The current price: $2.18 -
Market capitalization: $645,636,813.98 -
Trading volume: $130,625,500.95 -
7-day gain: 209.55 %
Filecoin
The price of Filecoin (FIL) is now moving sideways. The cryptocurrency is retracing after a recent price increase. FIL recovered from its lowest price level, reaching a high of $3.92.
Currently, FIL is declining as it faces rejection at its recent peak. The upward movement will resume if the price retraces and remains above the moving average lines. A fall below the moving average lines will force the cryptocurrency to return to its lowest price level. FIL is the second-best-performing cryptocurrency.
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The current price: $2.24 -
Market capitalization: $1,598,396,350.06 -
Trading volume: $647,102,393.78 -
7-day gain: 70.29%
Artificial Superintelligence Alliance
The price of Artificial Superintelligence Alliance (FET) has been rebounding from the bottom of the chart. The cryptocurrency recovered and broke above the moving average lines but was halted by the 50-day SMA barrier, or resistance at $0.40.
FET is now caught between the moving average lines. The cryptocurrency will trend when its price breaches either the 21-day or 50-day SMA support. If the 50-day SMA is breached, the altcoin’s value will rise to a high of $0.60. FET is the third-best-performing coin.
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The current price: $0.3317 -
Market capitalization: $781,622,209.55 -
Trading volume: $330,450,320.67 -
7–day gain: 67.57%
Starknet
Starknet (STRK) is moving higher, albeit sideways. The cryptocurrency rebounded above the $0.10 support level and broke above the moving average lines. The positive momentum reached a high of $0.21 before halting. The altcoin is retracing towards the moving average lines. If the cryptocurrency retraces and maintains its position above the moving average lines, the rising trend will begin. However, if the cryptocurrency breaks below the moving average lines, it will drop below $0.10. STRK is the fourth-most successful altcoin.
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The current price: $0.1411 -
Market capitalization: $645,402,661.1 -
Trading volume: $269,213,605.13 -
7–day gain: 53.20%
NEAR Protocol
NEAR Protocol’s (NEAR) price has risen from the bottom of its chart. The cryptocurrency price rose above the $1.73 support and broke above the moving average lines, reaching a high of $3.18.
However, the bullish momentum was rebuffed, and the cryptocurrency retraced and found support above the moving averages. NEAR is returning to its previous peak of $3.20. NEAR is the fifth-best-performing altcoin. Here are a few of its characteristics.
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The current price: $2.57 -
Market capitalization: $3,295,859,441.97 -
Trading volume: $3,295,742,898.02 -
7–day gain: 44.73%
Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.