Apr 21, 2024 at 11:51 // Price
Highlighted below are some of the top-performing cryptocurrencies, despite experiencing a decrease in value attributed to Bitcoin’s recent downturn.
These digital assets are currently operating within their respective bullish markets. Despite the overall market decline, these altcoins persist in trading within the upward trend zones.
Bitget Token
Bitget Token (BGB) is currently on an upward trajectory and is part of a bullish market trend. The cryptocurrency’s value has surpassed the \(0.38 mark and has recommenced its upward journey. Having reached a peak of \)1.37, the altcoin entered a period of consolidation on April 3, 2024, oscillating between the 21-day SMA support and the \(1.40 resistance level. A successful breach of the \)1.40 resistance could drive the altcoin’s price to reach $1.93.
Conversely, a potential conclusion to the ongoing uptrend might occur if the bears manage to breach the 21-day SMA, leading to a drop to \(1.05. At the time of writing, the altcoin is valued at \)1.29, showcasing the following attributes and ranking as the top performer.
Current price: $1.30
Market capitalization: $2,606,324,015
Trading volume: $64,480,315
7–day gain: 0.43%
Ondo
Ondo (ONDO) is currently following an upward trajectory within a bullish market. The recent uptrend encountered resistance twice at the \(1.00 level when it dipped below the 21-day SMA. Presently, the altcoin is positioned below the 21-day SMA but remains above the 50-day SMA. A breach below the moving average lines could drive ONDO down to \)0.65. However, if the decline halts above the 50-day SMA, the altcoin may fluctuate within the moving average boundaries. As of now, it is trading at $0.75.
ONDO possesses the following attributes and secures the second position in terms of performance.
Current price: $0.7572
Market capitalization: $7,573,233,047
Trading volume: $366,147,292
7–day gain: 1.14%
UNUS SED LEO
UNUS SED LEO (LEO) is currently on an upward trajectory, recovering from a previous dip but yet to breach the upper barrier at $6.25. Since March 6, 2024, the ongoing ascent has been halted below the upper barrier. Presently, LEO is moving sideways, oscillating above and below the moving average lines. The consistent price movement between these lines is highlighted by the presence of doji candlesticks.
The current value of LEO stands at $5.85. This third-ranking coin in terms of value showcases the following characteristics:
Current price: $5.86
Market capitalization: $5,773,461,410
Trading Volume: $1,560,729
7–day Gain: 4.91%
OKB
OKB (OKB) has been on an upward trajectory since surpassing the \(3.28 resistance level, entering a bullish market phase. On March 14, the altcoin peaked at \)73.87 before experiencing a pullback. The recent uptrend concluded as the altcoin dropped below the moving average lines. Currently priced at \(55.89, OKB is trading above the \)51 support level but below the \(62 resistance/moving average lines. Further decline is anticipated if the bears breach the current support at \)51.00.
Ranked as the fourth best-performing cryptocurrency, OKB exhibits the following characteristics:
Current price: $55.23
Market capitalization: $16,568,346,263
Trading volume: $16,391,816
7–day gain: 5.67%
TRON
TRON (TRX) has descended below the moving average lines following the conclusion of the last rally. The inability of buyers to sustain upward momentum beyond the \(0.14 resistance level resulted in the downturn. Despite surpassing the previous low of \)0.11, TRX has found support above its current value at \(0.11. This existing support level has remained intact since November 11, 2023. Sustaining the current support could initiate a new uptrend, while a breach could lead to a drop to \)0.10. TRX is presently valued at $0.108.
Ranked as the fifth top-performing cryptocurrency, TRON offers the following features:
Current price: $0.1088
Market capitalization: $9,536,285,169
Trading volume: $412,251,851
7–day gain: 9.16%
Disclaimer. The opinions expressed in this analysis and forecast are personal views of the author and should not be considered as financial advice or an endorsement by CoinIdol.com. Readers are advised to conduct their own research before engaging in cryptocurrency investments.