Top Crypto Gainers: Where Could They Go Next? 📈
The crypto market has been seeing some interesting moves lately, with Bitcoin (BTC) leading the charge. After a surge in early July, BTC has pulled back slightly, but the overall market remains bullish. Let’s take a closer look at some of the top gainers this week and see what their technical charts are telling us.
Cat in a Dogs World (MEW): 👀
MEW has been a bit of a rollercoaster since its launch, but it’s recently shown some strong momentum. In the past two weeks, it has surged over 135%! The technical indicators are pointing towards a potential retest of the $0.009944 mark. Keep an eye on the MACD and RSI for further clues.
**Key Levels:**
* **Resistance:** $0.0088, $0.0099
* **Support:** $0.0062, $0.0048
Helium (HNT): 📡
HNT has been on a tear, gaining over 700% since February! The recent breakout in price has seen it pierce both the 50-day and 200-day EMAs. While the RSI is currently in overbought territory, the overall sentiment remains bullish.
**Key Levels:**
* **Resistance:** $6.91, $8.01
* **Support:** $3.01, $4.24
SATS: 🪙
SATS has been a top performer this week, with a price increase of over 200%. It has broken through the 50-day EMA and is showing strong upward momentum.
**Key Levels:**
* **Resistance:** $0.0000003486, $0.0000003893
* **Support:** $0.0000002524, $0.0000001534
Flow (FLOW): 🌊
FLOW has experienced a remarkable surge in price since October 2023, but it has also seen some profit-taking in recent months. The recent breakout above the wedge pattern and the bullish RSI and MACD suggest that FLOW could be ready for another run.
**Key Levels:**
* **Resistance:** $0.820, $1.00
* **Support:** $0.60, $0.40
Remember, this is just a brief overview of these four cryptocurrencies. Always do your own research (DYOR) before making any investment decisions.
