Trending Coins for March 30, 2024: FET, EGO, PEPE, STRUMP, and WIF

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RESULTS

Today’s weekly list of trending coins features a new mix of cryptocurrencies. Fetch.ai tops the list, while others follow in their respective positions. A good number of them have witnessed decent gains in today’s trading with the prospect of seeing more, while others have not had it that easy.

Fetch.ai (FET)

Major Bias: Bearish

Although the Fetch.ai token is leading on this list of trending coins this week, it has seen some downward corrections of the magnitude of 3.53%. However, it printed a decent price increase of 20% over the past seven days. Consequently, this puts the coin above the losses seen in today’s trading activities. As of the time of writing, the coin has a market capitalization of $2.55 billion and a trading volume of $401 million.

The price chart shows that the token recently burst into life after exiting a sideways consolidation move. The market has found its way to higher ground very quickly, as it now trades above the $3.00 mark. Despite the downward correction, price action in the market stays above most of the Guppy Multiple Moving Average curves (GMMA). Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines are merged in a way that suggests indecision. Consequently, holders and traders alike can anticipate that price action may breach the support at the $3.00 mark.

Current Price: $3.046
Market capitalization: $2.55 billion
Trading Volume: $401 million
7-Day Gain/Loss: 20%

EGO ( EGO )

Major Bias: Bullish

The EGO coin comes in second on this week’s list of trending coins. The coin has recorded an impressive amount of profit today, with a magnitude of 16.72%, and has seen a price decline of 18.81% over the past 7 days. It has a market capitalization of $4.66 million and a trading volume of $4.87 million.

On the daily chart, price activity revealed that the market had been on a consistent downward correction for an extended period of eight trading sessions. However, the bulls were able to put their foot on solid ground in the previous session. The subsequent session followed the same path more vigorously. Nevertheless, headwinds have caused some price contractions to occur as the price action retreated considerably below the $0.09000 mark. The last MACD indicator bar has started suggesting that downward forces have been impacted, as it appears pale red. Meanwhile, the lines of the same indicator are now pointed sideways to reflect the current price direction. Therefore, traders can still anticipate that the market may find its way back towards the $0.0900 mark.

Current Price: $0.08210
Market capitalization: $4.66 million
Trading Volume: $4.87 million
7-Day Gain/Loss: 16.72%

Pepe (PEPE)

Major Bias: Bullish

Pepe has been able to make it to the third spot on this week’s list. The token has recorded decent profits as of today. Its price has further increased by 10.38%, while over the past 7 days, it has witnessed a price increase of just 13.03%. Furthermore, it could be seen that the coin has an impressive market capitalization of $3.63 billion and an impressive trading volume of $911.46 million.

On the daily chart, it could be seen that the token price has mostly remained above the $0.00000700 mark. In the current session, however, the coin now trades above the $0.00000800 mark and the $0.00000859 price level as of the time of writing. This effectively places the current price of the coin above the GMMA indicator line. Meanwhile, the prospect of further upside moves stays as the MACD curve continues to converge above the equilibrium level. This brightens hopes that the market may soon hit the $0.000009000 mark, so traders can continue using crypto signals with that mark as a target.

Current Price: $0.00000859
Market capitalization: $3.63 billion
Trading Volume: $911.46 million
7-Day Gain/Loss: 13.03%

Super Trump (STRUMP)

Major Bias: Bullish

The STRUMP token reclines to the fourth spot on this week’s list of trending coins. However, the coin has remained in the red, printing a price decline of 3.01% as of today and a decline of 9.15% over the past 7 days. It has a market capitalization of $12.06 million while possessing a trading volume of just $5.80 million, all as of the time of writing.

It could be seen that the coin was only recently launched and, as such, will be studied in a 4-hour time frame. The market took a dip in the previous session, but the ongoing session has seen a minor price increase. However, the ongoing session stands below the GMMA curves and, as such, doesn’t suggest a good outlook for the token. Additionally, it could be seen that the MACD indicator lines have converged for a bearish crossover under the equilibrium level. Also, this occurred after the bars of the MACD turned pale and vanished into the equilibrium level. Therefore, the market seems to be eyeing the support level at the $0.00400 mark.

Current Price: $0.005928
Market capitalization: $12.06 million
Trading Volume: $4.80 million
7-Day Gain/Loss: 9.15%

dogwifhat (WIF)

Major Bias: Bullish

The dogwifhat token falls in the fifth spot on this week’s list of trending coins. It has seen price increases of 15.58% as of today and an 89.83% price surge over the past 70 days. It also possesses a market capitalization of $4.31 billion and a trading volume of $1.29 billion.

This coin has been on a smooth uptrend despite the interruptions; bulls have been able to subsequently regain control of price activity. The ongoing session on a 4-hour market has produced a downward correction. Yet, price action generally remains above the GMMA indicator lines. The leading line of the MACD indicator has introduced a minor deflection in response to the downward correction. However, the lines stay above the equilibrium level, while the distance between the two curves suggests that the downward correction may not grow stronger. Consequently, traders can hope that the market will recover toward the $5.00 mark

Current Price: $4.40
Market Capitalization: $4.31 billion
Trading Volume: $1.29 billion
7-Day Gain/Loss: 89.83%

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