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The QUQ coin has maintained the top position on the weekly list of trending cryptocurrencies. This coin has held on to this spot since last week. While other coins have been replaced, it has remained steady despite fluctuations in the broader crypto market. Other coins making waves this week include BAS, CDL, NUMI, and MYX, respectively.
Quq (QUQ)
Major Bias: Bearish
The QUQ coin remains the top coin on this week’s list of trending cryptocurrencies. The coin has produced minimal price movement in the last 24 hours, recording only a 0.03% change. Its market capitalization stands at $2.8 million, with a trading volume of $372.27 million.
Price activity in the QUQ market has been consolidating for a while. However, this consolidation is occurring above the 9-day Exponential Moving Average (EMA). The most recent price candle shows a small green dash, keeping the token’s price at the $0.002800 level.
Meanwhile, the Stochastic Relative Strength Index (SRSI) stands above the 80 mark but is showing a slight downward move toward that threshold. The indicator’s lines appear to be edging toward an upside crossover, which may cause price action to rise toward the $0.00300 level.
Current Price: $0.002800
Market Capitalization: $2.8M
Trading Volume: $372.27M
24-hour Change: -0.03%
BNB Attestation Service (BAS)
Major Bias: Bullish
Although this coin holds a prominent spot on this week’s trending list, it has experienced one of the steepest price declines in a short period. The token dropped 65.99% in the last 24 hours. Meanwhile, its market capitalization stands at $72.07 million, with a trading volume of $160.95 million.
BAS price movement reveals strong bearish momentum in the ongoing session. The latest price candle shows a sharp dip from above the 9-day EMA curve, breaking through the support formed at that level and pushing the market below it. Similarly, the SRSI lines have fallen sharply toward the oversold region. With the current price now below the 9-day EMA curve, price action may continue downward toward the $0.02000 level.
Current Price: $0.03128
Market Capitalization: $72.07M
Trading Volume: $160.95M
24-hour Change: -65.99%
Creditlink (CDL)
Major Bias: Bullish
Creditlink (CDL) holds the third position on the list and is one of the best-performing cryptocurrencies this week. The token has recorded a 25.37% price increase in the last 24 hours. It has a market capitalization of $21.65 million and a trading volume of $1.65 billion.
The CDL token has maintained a strong technical position. The ongoing session shows a rebound from the 9-day EMA line, with the latest candle appearing as a green price candle above the EMA curve. Likewise, the SRSI lines are trending upward above the 50 level, suggesting potential continuation toward the $0.1500 mark.
Current Price: $0.1036
Market Capitalization: $21.65M
Trading Volume: $1.65B
24-hour Gain: +25.37%
NUMINE (NUMI)
Major Bias: Bullish
The NUMINE (NUMI) coin ranks fourth on this week’s list of trending cryptocurrencies. Its price has risen by an impressive 16.79% in the past 24 hours. The coin holds a market capitalization of $13.97 million and a trading volume of $2.33 billion, making it the highest among this week’s trending coins.
Current metrics show notable gains in the ongoing session. The latest price candle is a strong green one positioned above the 9-day EMA curve. Meanwhile, the SRSI lines are merged at the 100 level, moving sideways. This suggests strong bullish momentum, indicating that price activity may continue toward the $0.1000 mark.
Current Price: $0.08713
Market Capitalization: $13.97M
Trading Volume: $2.33B
24-hour Gain: +16.79%
MYX Finance (MYX)
Major Bias: Bearish
Holding the fifth spot this week is MYX Finance (MYX), which recorded a slight 0.13% decline in the past 24 hours. Its market capitalization stands at $583.57 million, with a trading volume of $59.11 million.
Over the past few months, price action in MYX Finance has climbed to progressively higher levels. However, the latest movement hit resistance at the $20 level, causing a pullback. Currently, price activity sits below the 9-day EMA curve.
Meanwhile, the SRSI lines show a slight upward movement from the oversold zone, suggesting potential for recovery. Technically, this indicates a long-term bullish bias that may push the token back above the 9-day EMA curve, possibly targeting the $5.00 level.
Current Price: $2.84
Market Capitalization: $583.57M
Trading Volume: $59.11M
24-hour Change: -0.13%
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