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While most of the coins from last week’s list of top five trending cryptocurrencies have been displaced, the QUQ token has remained. Not only that, but it has also moved from the third spot to the top of the list as of the time of writing. Let’s take a look at each of the tokens below.
Quq (QUQ)
Major Bias: Bearish
The QUQ token tops this week’s list of trending cryptocurrencies. This is despite the fact that the coin has experienced very minimal price fluctuations. The token recorded a slight decline of 0.01% in 24 hours, while its market capitalization stood at a modest $2.7M. Furthermore, it has a trading volume of $429.09M.
The QUQ/USDT market has been progressing upward in what seems like short bursts over the past week. Following a significant price increase three sessions ago, price action has since moved sideways. However, prices remain above the 9-day Exponential Moving Average (EMA) curve. The latest candle is a small green one, while the Stochastic Relative Strength Index (SRSI) lines continue sideways in the oversold region. Based on the current outlook, price action may push further toward the $0.003200 level.
Current Price: $0.002706
Market Capitalization: $2.7M
Trading Volume: $429.09M
24-hour Change: -0.01%
Ark of Panda (AOP)
Major Bias: Bullish
Second on this week’s list of trending coins is the AOP token. Unlike the previously reviewed token, it has registered a modest yet notable upward move. The token recorded a 0.07% price increase in 24 hours. Meanwhile, it has a market capitalization of $24.37M and a significantly larger trading volume of $328.80M.
Price movement in the AOP market has maintained a generally upward trajectory since the token’s launch. Although the movement appears slight, it has consistently stayed above the 9-day EMA curve. The last price candle on the chart is a green one, confirming that the bullish trend remains intact. The SRSI indicator lines have crossed over in the oversold region, and while they are not yet strongly upward, they are likely to extend higher considering current market conditions. This could push prices toward the $0.08500 level.
Current Price: $0.08122
Market Capitalization: $24.37M
Trading Volume: $328.80M
24-hour Gain: 0.07%
Meta Financial AI (MEFAI)
Major Bias: Bearish
The MEFAI token occupies the third spot on the list. Unlike the two previously examined tokens, it has shown a more pronounced price movement. The token recorded an impressive 4,200% increase in 24 hours. Its market capitalization stood at $9M, with a trading volume of approximately $44.85M.
The MEFAI/USDT market witnessed a strong upward move in the previous session. While a pullback was expected, the current session has continued upward, resulting in another green candle. Based on this momentum, the market may proceed toward the $0.0200 level, despite the possibility of a brief pullback.
Current Price: Data unavailable
Market Capitalization: $9M
Trading Volume: $44.85M
24-hour Gain: 4,200%
DeAgent AI (AIA)
Major Bias: Bullish
The AIA token takes the fourth position on this week’s list of trending coins. Despite its ranking, it has achieved significant price growth. The token’s price has increased by 84.17%, with a market capitalization of $129.7M and a trading volume of $50.21M.
The AIA token has been experiencing notable gains since the previous session, with the current session continuing the trend as prices rise toward the 9-day EMA curve. The SRSI indicator lines have also delivered an upward crossover in the oversold region, suggesting that price activity may still advance toward the $1.750 level.
Current Price: $1.31
Market Capitalization: $129.7M
Trading Volume: $50.21M
24-hour Gain: 84.17%
OriginTrail (TRAC)
Major Bias: Bullish
Last but not least on this week’s list is the TRAC token. It occupies the fifth spot but has recorded a notable 48.37% price increase in 24 hours. Meanwhile, its market capitalization stood at $390.15M, with a trading volume of $31.45M.
The TRAC/USDT market has recently fallen below key technical indicators. Price action on the daily chart has dropped below the 9-day EMA curve, while the SRSI indicator lines are moving flat and sideways deep in the oversold region. The market remains suppressed below the EMA line and may continue downward toward the $0.100 level.
Current Price: Data unavailable
Market Capitalization: $390.15M
Trading Volume: $31.45M
24-hour Gain: 48.37%
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