Top Altcoins Up 100% This Month!
Following the cross-border market correction, the cryptocurrency market increased by approximately $200 billion last week, indicating that bullish influence in the crypto space has increased.
In addition, the mid-end altcoins have recorded significant gains during this period, which indicates that investors are increasing their interest in these altcoins to maximize their profits during the upcoming bull market rally.
Planning to pile on more altcoins during the ongoing market recovery? In this article, we have covered the top 3 altcoins that have the potential to record significant growth in their respective portfolios in the coming weeks.
Rate (1000 RATE):
SATS price continues to trade on a strong note with an increase of approximately 10% over the last day with a trading volume of $101.46 million, a change of +17.96%. In addition, it has gained 18.35% in the last week and 39.28% in the last month.
The technical indicator MACD shows a continuous decline on the red histogram, the averages successfully register a bullish consolidation in the 1D time frame. This indicates an increase in overbought-oversold pressure in the crypto space.
If the bulls continue to dominate the market, the price of STAS is set to test the upper resistance level of $0.00000004825 next time. However, if the bears regain their momentum, this altcoin will drop to a low of $0.0000001225 this month.
NEIRO Ethereum:
Built on the Ethereum ecosystem, the Nero Ethereum project is unique in many ways. This has allowed it to gain a lot of attention from the cryptocurrency space in a short period of time. On a positive note, it is up more than 1,700% in the last 13 days.
In particular, with a trading price of $0.2385 and 1 billion NERO tokens in circulation, this Ethereum-based altcoin ranks 220th in the global crypto-list with a capitalization of $238.54 million.
Despite a roughly 4% correction in the previous day, NEIRO's price has rallied 78.65% in the past seven days and more than 1,630% since its inception this year.
SUI:
The price of SUI jumped more than 44% in the last week and 17.08% in the last 30 days. Also, with a year-to-date (YTD) return of 14.75%, this altcoin ranked 32nd with a capitalization of $2.318.
The Relative Strength Index (RSI) recorded a bearish curve below the overbought region. On the other hand, the average trend shows a bullish action indicating a mixed sentiment for SUI price in the crypto market.
Keeping the price above the support level of $0.8925 will set the stage for Sui coin price to test the upper resistance level of $1.460. Conversely, if a bearish trend reversal occurs, the altcoin will drop to its critical support level of $0.6125.
