Trending Coins for Today February 19: BLUR, BABYFLOKI, GMT, CAKE, and MATIC

In the past seven days, another set of crypto has been the most searched crypto globally. However, some of these crypto has been in this region  for some times now. Also, some of these tokens have not been able to convert popularity to profit. Nevertheless, let’s examine the price activities of these cryptocurrencies.

Blur (BLUR)

Blur, a recently launched cryptocurrency, has moved up by 28.29% in the past 24 hours. Also, it has witnessed a price fall of about 78.29%. Consequently, this implies that this crypto’s price action has recorded more losses than gains. Looking at this cryptocurrency price action, we can see that it has managed to remain in an upward and progressive manner above the middle band of the used Bollinger Band indicator for more than 24 hours. However, of late, it could be observed that a red price candle has just appeared on this chart for this ongoing session. By implication, traders and investors may want to be careful in this territory, since this bearish candle appeared after testing the uppermost limit of the Bollinger Band indicator. This may indicate the onset of a formidable headwind, and the price may retreat toward the $1.10 mark.

Current price: $1.20
Market capitalization: $435,375,418
Trading volume: $721,183,820
7-day gain/loss: 78.29%

Baby Floki (BABYFLOKI)

Baby Floki stands among the top five cryptos this week that have been able to convert popularity into value. This token has moved by 624.63% over the past 7 days. However, it has depreciated by 31.33% within the past 24 hours. Nonetheless, this crypto ordinarily seems to still have more gains to spare. Moving on to its price activity, it could be seen that this BABYFLOKI price action has experienced a sudden and massive price increase in the past two days. But at this point, it appears some investors have started going shot on this crypto due to the sudden price jump. Nevertheless, even the last bearish price candle remains far above the middle limit of the used Bollinger Band indicator. Also, the MACD bars are still dark blue, which indicates that the tailwind may still be on. Therefore, we can assume that price action in this market may rise further toward $0.0000000018.

Current price: $0.0000000013
Market capitalization: —-
Trading volume: $497,034
7-day gain/loss: 624.63%

STEPN (GMT)

The STEP token seems to have recorded half of the gains it has gathered in seven days in the past 24 hours. This cryptocurrency has moved up by 3.44% in price within the past 24 hours. Meanwhile, it has moved by just 6.83% within the past seven days. On the daily chart, after the GMT price action tested the lowest limit of the Bollinger Band, it has since then started retracing the middle limit of the Bollinger Band indicator. However, just today, it appears that some dip buyers have started going shot. Consequently, this has offered some resistance to a price increase at this point. Additionally, the Average True Range (ATR) indicator line has now made a smooth downward curve, indicating that the headwind is growing in this market, and the price may retrace lower. Therefore, traders may witness the price falling towards the $0.430 mark.

Current price: $0.4612
Market capitalization: $277,263,600
Trading volume: $277,263,600
7-day gain/loss: 6.83%

PancakeSwap (CAKE)

PancakeSwap has managed to remain in the top 5 most searched crypto in the last 7 days. This cryptocurrency has moved more in the last 24 hours than it has in the past seven days. CAKE price of cake has increased by an impressive 3.26% but has only increased by 1.1% over the past 7 days. Price activity in the PancakeSwap market is now testing the middle band of the Bollinger Band indicator. From the looks of things, this seems like an attempt to break the resistance formed by the middle limit of the Bollinger Band indicator. The Stochastic RSI indicator curves are now touching each other at their tips, at level 20 on their way up. Traders and investors should exercise caution at this point since a price reversal may occur if the headwind grows a bit stronger. If this happens, the PancakeSwap price may retreat toward the $4.00 mark.

Current price: $4.22
Market capitalization: $809,684,672
Trading volume: $64,442,485
7-day gain/loss: 3.26%

Polygon (MATIC)

Polygon has remained in the top 5 most sought-after cryptos for two weeks in a row. Its price has moved up by 3.30% over the past 24 hours, and 21.22% over the past 7 days. This crypto has been significantly bullish, and even the current price of this crypto is above the uppermost limit of the used Bollinger Band indicator. Also, the RSI lines for this crypto have reached the oversold region and are still projected upward. However, the recent price pullback has also caused the RSI indicator’s leading lines to be slightly tilted to the side. Nevertheless, considering the bullish nature of price action, MATIC price seems to still be on its way toward the $1.60 mark.

Current price: $1.60
Market capitalization: $13,143,489,623
Trading volume: $994,216,903
7-day gain/loss: 21.22%

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