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As the crypto market continues to burst into life, some altcoins are also gaining more attention. As a result, a completely new set of trending coins has replaced last week’s list. More interestingly, most of these coins have recorded notable gains in the past 24 hours. Let’s take a closer look at each of these coins below.
Turbo (TURBO)
Major Bias: Bullish
The Turbo token has arrived at the top spot on this week’s list of trending coins. As of the time of writing, the token has seen a price increase of over 25% in the past 24 hours. Furthermore, it recorded an overall price increase of 158% over the past 7 days. It currently has a market cap of $382.52M and a trading volume of $380.94M.
The token’s price chart indicates that this market is indeed bullish. Price action has been racing upwards, hitting resistance at the $0.00600 price level in the previous session. Although the ongoing session remains green, it is represented by a hammer candle, placing the market at the $0.005539 price level. This level is above the 20-, 50-, and 100-day Moving Average (MA) lines. The Stochastic Rate of Change (SROC) indicator lines are above the equilibrium level and pointing upward. Technically, this suggests that price action may soon breach the resistance at $0.00600.
Current Price: $0.005539
Market Capitalization: $382.52M
Trading Volume: $380.94M
7-Day Gain/Loss: 158%
Alchemy Pay (ACH)
Major Bias: Bullish
In the second position on this week’s list of trending coins is the ACH token. This coin hasn’t seen significant gains over the past 24 hours, recording only a 1.03% price increase as of the time of writing, and a 15.98% price increase over the past 7 days. Meanwhile, it has a market cap of $254.7M and a trading volume of $67.35M.
On the price chart, price activity has continued upward since the market surpassed the $0.02000 price level. However, the market has rebounded off the resistance presented by the $0.03000 price level. As a result, the ongoing session is represented by a red candle. Nevertheless, price activity remains above all the MA lines on the chart. Similarly, the SROC indicator line maintains a smooth upward trajectory after surpassing the equilibrium level at 0.00. Therefore, it seems possible for price action to soon breach the resistance at $0.03000.
Current Price: Not provided
Market Capitalization: $254.7M
Trading Volume: $67.35M
7-Day Gain/Loss: 15.98%
Zebec Network (ZBCN)
Major Bias: Bullish
Third on this week’s list of trending coins is the Zebec Network token. As of the time of writing, it has recorded a price increase of 6.88% over the past 24 hours and a 6.08% increase over the past 7 days. It has a market cap of $80.20M and a trading volume of $10.32M.
Price action has been moving upward on a moderate scale. In the ongoing session, price action has just surpassed the psychological resistance at the $0.001000 price level. The corresponding price candle has tested the higher MA line on the chart and has pulled back slightly. Meanwhile, the 20- and 50-day MA lines appear to be converging below the price action, with the last candle resembling a green doji. Nevertheless, the SROC lines maintain an upward trajectory. Therefore, traders can maintain their stance, targeting the $0.001150 price level at least.
Current Price: $0.001053
Market Capitalization: $80.20M
Trading Volume: $10.32M
7-Day Gain/Loss: 6.08%
Just (JST)
Major Bias: Bullish
In the fourth spot on this week’s list is the Just token. This coin has recorded an impressive 30.30% price increase in the past 24 hours and a 35.22% gain over the past 7 days. Its market cap stands at $411.67M as of the time of writing, with a trading volume of $224.90M.
The token’s price chart shows a significant price pump in the ongoing session, reflected by the last bullish candle on the chart. The token is currently trading above the $0.04000 price level and all the MA curves. Meanwhile, the SROC lines have also surpassed the 0.00 level and are currently pointing upward above equilibrium. Therefore, traders can aim for the $0.04400 price level.
Current Price: Not provided
Market Capitalization: $411.67M
Trading Volume: $224.90M
7-Day Gain/Loss: 35.22%
Synapse (SYN)
Major Bias: Bullish
Last but not least on this week’s list of trending coins is the SYN token. This coin has recorded an 8.40% increase over the past 24 hours and an impressive 110.92% gain over the past 7 days. It also boasts a market cap of $63.58M and a trading volume of $50.45M.
The token’s price chart shows that the market has been pushing upward over the past weeks. This upside retracement has gained even more momentum over the past three sessions. Currently, the last price candle is red but represents only minimal downward retracement. The market trades above three out of four MA lines. The SROC lines continue to maintain an upward path above the equilibrium level despite the minor pullback. Therefore, traders can hope for price action to soon breach the $0.4000 price level.
Current Price: Not provided
Market Capitalization: $63.58M
Trading Volume: $50.45M
7-Day Gain/Loss: 110.92%
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