Trending Coins for January 12, 2025: XRP, MYSTERY, XLM, AGLD, and GRS

The crypto market seems to be budding quite well as the week continues the new year. This is so even though Bitcoin, the big indicator, isn’t performing quite well at the moment. Nevertheless, the crypto market seems to be gaining more attention. This opinion stems from the fact that all coins from last week’s list of trending coins have been replaced by a new set. Without further delay, let’s look at each of them below.

XRP (XRP)

Major Bias: Bullish

The XRP token is the first token on this list of trending coins. It has seen a price increase of 8.95% in 24 hours and a 5.88% increase in the past 7 days. As a result, its market cap has grown to $146B with a trading volume of $8.74B.

The token’s price chart has revealed that price action in this market exploded upwards during last November. However, the market reached its peak on December 2nd, and it has since then consolidated widely at a high altitude above the $2.00 mark. More recently, the market had rebounded off the 20-day Moving Average (MA) line as support.

The upward rebound was strongest in the previous session and, as a result, has attracted bearish attention in the ongoing session. Be that as it may, the market continues trading above all the MA lines. Likewise, the Stochastic Relative Strength Index (RSI) lines maintain an upward trajectory. This indicates that upside forces are still in the lead and may extend upside corrections toward the $2.750 level.

Current Price: $2.54

Market Capitalization: $146B

Trading Volume: $8.74B

7-Day Gain/Loss: 5.88%

Mystery (MYSTERY)

Major Bias: Bullish

The Mystery token is in second place on this week’s list of trending coins. This token has seen a price increase of 127% in the past 24 hours and 31.49% in the past 7 days. Meanwhile, the token has a self-reported market cap of just $8.79M and a trading volume of $3.58M.

The token’s price action has revealed that price action in this market regained volatility recently. This assisted the token in seeing considerable price increases. However, more recently, the market has been bearish. As a result, the last price candle on this chart currently sits above the 100-day MA line.

However, this is above all the other MA lines on the chart. Also, the 20- and 50-day MA lines seem to be converging below recent price activity. Meanwhile, the Stochastic RSI lines can be seen as having a downward trajectory. This seems fairly aligned; however, it seems the market may soon rebound upward considering the convergence of the 20- and 50-day MA lines.

Current Price: $0.00000001997

Market Capitalization: $8.79M

Trading Volume: $3.58M

7-Day Gain/Loss: 31.49%

Stellar (XLM)

Major Bias: Bullish

The Stellar token occupies the third position on this week’s list of trending coins. As of the time of writing, the token has recorded a price increase of 8.62% but has seen a price reduction of 1.90% over the past 7 days. However, as of the time of writing, the token has a market cap of $13.40B with a trading volume of $785.83M.

Price movement in the XLM daily market saw a strong rebound on January 1st. The market extended toward the $0.5000 mark, but headwinds soon prevailed, causing the market to fall toward the 20-day MA. Price action subsequently rebounded off that technical landmark with moderate momentum.

However, the ongoing session has revealed that bears are leading, yet price action remains above all the MA lines on the chart. Also, the RSI lines are pointed upward toward the 80 mark of the indicator. Consequently, this suggests that price activity may rise past the $0.4500 price level and toward the $0.5000 price level.

Current Price: $0.4391

Market Capitalization: $13.40B

Trading Volume: $785M

7-Day Gain/Loss: 1.90%

Adventure Gold (AGLD)

Major Bias: Bullish

The Adventure Gold token comes in the fourth position on this week’s list of trending coins. The coin, as of today, has recorded a price increase of 14.93% and has seen a price reduction of 25.01% over the past 7 days. In addition, the token has a market cap of $166.90M and a trading volume of $342.95M as of the time of writing.

On the price chart, the token’s price action can be seen to have tested the $3.00 resistance multiple times before falling through some technical support levels. The downward correction was breached at the $1.890 price level. The market rebounded sharply upwards in the previous session, but the ongoing session has been bearish.

As a result, price action remains just below the 20-day MA line. Also, the RSI lines still have an upward trajectory in the oversold region. In the meantime, it seems this market may have $2.500 as a target.

Current Price: $2.171

Market Capitalization: $166.90M

Trading Volume: $342.95M

7-Day Gain/Loss: 25.01%

Groestlcoin (GRS)

Major Bias: Bullish

Last but not least coin on this week’s list of trending coins is the Groestlcoin token. The coin has recorded a price reduction of 25.21% but saw a price increase of 34.37% over the past seven days. Also, it has a market capitalization of $53.41M with a much larger trading volume of $508.06M.

Price action on the coin’s daily chart has revealed that the market is quite volatile. Also, more recently, the market has taken on a slight upward trajectory. The previous session has produced a strong price surge that burst through multiple technical resistance levels. However, there was a subsequent downward contraction that caused a considerable loss in that session.

The ongoing session as well has remained bearish but above all the MA lines on the chart. Also, with price action still above the drawn upward-sloping trendline, it maintains the impression that the upside correction may still be on. Nevertheless, the Stochastic RSI lines have a downward bearing but remain above the 70 threshold of the indicator. Therefore, traders can still anticipate a trend continuation toward the $0.6500 level.

Current Price: $0.5886

Market Capitalization: $53.41M

Trading Volume: $508.06M

7-Day Gain/Loss: 34.37%

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