Trending Coins for Today, March 19: BTC, SHIB, TABOO, FET, and CFX

Over the past seven days, a wind of change seems to have visited the top five most searched cryptos on CoinMarketCap. This could be noticed as all of these cryptos have converted their traffic into profit. However, some of these cryptos are more bullish than others. Let’s further examine these coins.

Bitcoin (BTC)

Over the last seven days, the king of all crypto has claimed the top spot on the list of the most sought-after crypto. BTC has moved an impressive 36.11% up over the past 7 days. Meanwhile, it has moved by just 2.41% over the past 24 hours, with a trading volume of $44,603,325,216. Looking at the daily chart, it can be seen that Bitcoin has been hyper-bullish recently. Consequently, this has seen the crypto break through a long-standing $25,000 price mark to now trade above the $27,000 mark. Furthermore, trading activities in this market keep occurring far above the middle limit of the Bollinger Bands indicator. Likewise, the RSI lines are in the overbought region and seem ready to keep moving upward. At the same time, the MACD indicator is also showing that the uptrend is still on. The line and bars of the MACD are still significantly above the equilibrium level. Therefore, BTC/USD may as well break the $28,000 resistance.

Current Price: $27,414
Market Capitalization: $530,520,222,688
Trading Volume: $44,603,325,216
7-day gain/loss: 36.11%

Shiba Inu (SHIB)

Shiba Inu has arrived at the second position on this week’s top 5 most searched cryptos on CoinMarketCap. This cryptocurrency’s price has increased by 11.88% over the past 7 days. Also, in the past 24 hours, its price has increased by 2.67%, with a trading volume of $318,096,734. On the daily market, price action has bounced upwards after testing the Fibonacci retracement level of 78.60 as support. In the ongoing session, price action has remained above the 61.80 Fibonacci retracement level and just above the middle limit of the applied Bollinger Bands indicator. Furthermore, the RSI lines maintain their upside pursuit, following a crossover. In addition, the MACD curves have just performed a bullish crossover, and their bars have started growing on the positive side of the indicator. Consequently, price action in this market may move toward the $0.00001180 mark in subsequent sessions.

Current Price: $0.00001120
Market Capitalization: $6,656,465,764
Trading Volume: $318,096,734
7-day gain/loss: 11.88%

TABOO TOKEN (TABOO)

TABOO TOKEN has shown more significance in the last 24 hours than the two previously examined cryptos. This token’s price has increased by 6.70%. Meanwhile, this token had only recorded a gain of 15.90% in the past 7 days, with a trading volume of $1,173,834. Moving to the TABOO/USD daily chart, it appears that this token has been trading on a slightly upward path. The last price candle can be seen pushing the price above the 21-day EMA curve, and the drawn trend line. Also, the RSI lines are now close to delivering a bullish crossover above the 70 levels of the indicator. The MACD indicator lines are also in the early stages of a bullish crossover. Going by the indicator signs in this market, it appears that price action is still in for more upside moves toward the $0.001500 price mark.

Current Price: $0.001471
Market Capitalization: $15,995,403
Trading Volume: $1,173,834
7-day gain/loss: 15.90%

Fetch.ai (FET)

Fetch.ai token occupies the fourth position on this week’s list, with a 1.51% price increase within 24 hours and a 7-day price increase of 43.58%. The fetch.ai token has a daily trading volume of $144,621,565. On the daily chart, price action remains fairly positioned for more price increases. This can be observed as its last three price candles remain above the two sets of the Guppy Multiple Moving Average curves. Additionally, the RSI lines keep trending upwards and are now above the 80 levels of the indicator. The Moving Average Convergence Divergence (MACD) indicator is also showing that upside momentum is building up.This is revealed as the bars in this indicator are solid green and still forming above the 0.00 mark of the indicator. With all these signs, traders can predict that price action may move further toward the $0.500 mark.

Current Price: $0.4461
Market Capitalization: $369,133,080
Trading Volume: $144,621,565
7-day gain/loss: 43.58%

Conflux (CFX)

Conflux is the last token on this week’s list, and its price has moved the most within the past 24 hours. Additionally, the CFX price has increased by 15.34% in the past 24 hours, and by 196% over the past 7 days, with a trading volume of $1,183,453,316. On the daily CFX/USD chart, price action remains hyper-bullish, with its last price candle showing that buyers are still in control of price action. Also, the Stochastic RSI lines have performed another upside crossover right in the overbought zone. Likewise, the MACD curves continue to extend their upside and move above the equilibrium level. Also, the bars of this indicator appear to be portraying that upside momentum keeps increasing as trading activities continue. Consequently, traders can anticipate that price action may break the $0.4500 price mark shortly.

Current price: $0.450
Market capitalization: $1,109,935,777
Trading volume: $1,183,453,316
7-day gain/loss: 196%

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