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Today’s list of trending coins features an entirely new set of cryptocurrencies compared to last Saturday. The KEKIL token tops the list, followed by the ALPACA coin. All of these coins have seen gains in the past 24 hours, although to varying degrees.
Kekius Maximus (KEKIL)
Major Bias: Bullish
The Kekius Maximus token, as mentioned earlier, has taken the top spot on this week’s list of trending coins. Judging by the magnitude of its recorded gains, it rightfully deserves this position. Over the past 24-hour session, the coin has recorded a price increase of 107.63%, and over the past seven days, it saw a 90.18% gain. The token currently has a market capitalization of $56.40M and a trading volume of $69.30M.
KEKIL experienced a sudden price pump in the previous session, significant enough to cause a spontaneous expansion of the Bollinger Bands. Likewise, the ongoing session has continued in the same bullish direction, keeping the token trading above the upper limit of the Bollinger indicator.
The lines of the Moving Average Convergence Divergence (MACD) have taken off from above the indicator’s equilibrium level. The histogram bars are solid green, indicating that bullish momentum remains strong. This market still has the potential to rise toward the $0.06500 price level.
Current Price: $0.05640
Market Capitalization: $56.40M
Trading Volume: $69.30M
7-Day Gain/Loss: +90.18%
Alpaca Finance (ALPACA)
Major Bias: Bullish
The second coin on this week’s trending list is the Alpaca Finance token. It has recorded a price increase of approximately 12% over the past 24 hours, despite experiencing a 16.61% decline over the past seven days. The market capitalization stands at $30.89M, with a trading volume of $30.43M.
The Alpaca token appears to have found light at the end of a short but dark tunnel after its price action dropped below the mid-Bollinger Band. The latest green candle on the chart has brought a noticeable recovery from the recent downturn. However, price action is currently facing resistance near the mid-Bollinger Band.
The MACD lines have fallen toward the equilibrium level but now appear to be shifting sideways due to the modest upward rebound. Traders may consider waiting until the price breaks above the mid-Bollinger Band before targeting the $0.4300 price level.
Current Price: $0.2099
Market Capitalization: $30.89M
Trading Volume: $30.43M
7-Day Gain/Loss: –16.61%
Portal (PORTAL)
Major Bias: Bullish
The third token on the list of trending coins is Portal. This coin has registered a 19.25% price increase over the past 24 hours and a 16.28% gain over the past seven days. It has a market cap of $38.50M and a trading volume of $82.97M.
On the daily chart, the Portal token appears to have established a strong base level, with the market clearly on a bullish trajectory. The most recent green candle has broken through the mid-limit of the Bollinger Bands.
As a result, the MACD indicator lines are converging for a bullish crossover below the equilibrium level. Traders may now look to aim higher toward the $0.0962 price target.
Current Price: $0.0742
Market Capitalization: $38.50M
Trading Volume: $82.97M
7-Day Gain/Loss: +16.28%
BSquared Network (B2)
Major Bias: Bullish
Sitting in fourth place is the BSquared Network token. The coin has experienced a modest 1.27% gain over the past 24 hours and an 8.29% increase over the past seven days. It currently holds a market capitalization of $31.68M and a trading volume of $681.74M.
As a recently launched coin, B2’s price action is best analyzed on the 4-hour chart. The market has been rising steadily since launch, although volatility remains low based on the small size of the candlesticks. The applied Bollinger Bands are notably narrow, suggesting an impending breakout.
Given the position of the latest price candle, it is plausible that the breakout will occur to the upside, possibly pushing the token toward the $0.9000 price level.
Current Price: $0.6718
Market Capitalization: $31.68M
Trading Volume: $681.74M
7-Day Gain/Loss: +8.29%
Status (SNT)
Major Bias: Bullish
Last but not least on this week’s list of trending coins is the Status token. This cryptocurrency has registered an 11.48% increase over the past 24 hours and a 30.92% gain in the past seven days. The token boasts a market capitalization of $126.84M and a trading volume of $124.63M.
The SNT token has resumed an upward trajectory, rebounding quickly despite a few pullbacks. The latest red candle has caused a minor correction below the upper limit of the Bollinger Bands.
Nevertheless, the MACD lines are still trending upward, and the histogram bars remain above the equilibrium level, though the latest bar has turned a pale green, reflecting some slowing momentum. Traders may want to remain bullish and target the $0.03500 price level.
Current Price: $0.02759
Market Capitalization: $126.84M
Trading Volume: $124.63M
7-Day Gain/Loss: +30.92%
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