Flow

Jupiter

Convergence

Trillion

<p>The post <a href="https://coinpedia.org/price-analysis/top-altcoins-to-stack-this-week-as-market-turns-bearish/">Top Altcoins To Stack This Week As Market Turns Bearish!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The cryptocurrency market has recorded a drop of 3.72% in valuation within the past day, from $2.42 Trillion to $2.30 Trillion, a drop of approximately $120 Billion. Further, top tokens such as Bitcoin and Ethereum have dropped 3.85% and 8.86% during this period.</p> 
<p>Planning on investing in mid-cap altcoins to maximize your profits during the upcoming Crypto bull run? Look no further as, in this article, we have covered the top 3 altcoins that have the potential to record a massive upside during the upcoming time.</p> 
<h2 class="wp-block-heading" id="h-flow-flow">Flow (FLOW):</h2> 
<p>Despite increased price volatility in the crypto market, the Flow price has recorded a jump of approximately 1% within the past day and 3.12% over the past week. Further, it has formed an ascending channel pattern and continues to trade within it since the month started.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfJTSYXrs3kUdFbotODV3twptHFiMUZzXTFZkzHlIx-3HuoH3T3M_3v2FNUgk4eTqMDzCEMLgvN8AR9l0KPFeGInPBtGMX88cFlCrr0PQh60k2RE9ZtkrkuwfU07i5T2Rxy7yFFyeQY_HjosbuENhwfNvh-?key=b04uCxB_FFqfXEzZ-5ryMg" alt="Flow Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: FLOW/USDT
 </figcaption>
</figure> 
<p>The technical indicator, RSI, displays a sharp plunge toward the mid-point in the 1D time frame. However, it is on the verge of testing its average trendline, highlighting a high possibility of a bounce back in the coming time.</p> 
<p>If the market continues trading under a bullish sentiment, the Flow price will prepare to test its resistance level of $0.710. Conversely, if the bears overpower the bulls, the Flow crypto will break down its channel pattern and plunge toward its low of $0.475.</p> 
<h2 class="wp-block-heading" id="h-jupiter-jup">Jupiter (JUP):</h2> 
<p>Amid increased price volatility, the Jupiter price has recorded a correction of 4.42% within the past day with a trading volume of $158.26 Million. However, the JUP price has jumped 21.09% over the past 30 days, indicating a long-term bullish influence.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXelwsp63Pg9lIw74J_XUGJd5nZTF-pY2m68jv8BslY7qv9fxD_7xTFiQBmB_VtgMmBUHv6tYupa3ZFpyuBKCVKG7d3lRgJIkqpq8dUVKSSKfh_VaZUHoUNnFdvqjZUgX27TDqz0STiV4oO_vL_-qafq821G?key=b04uCxB_FFqfXEzZ-5ryMg" alt="Jupiter Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: JUP/USDT
 </figcaption>
</figure> 
<p>The Moving Average Convergence Divergence (MACD) has recorded a constant decline in the green histogram, highlighting increased bearish influence in the crypto space. Further, the averages display a high possibility of a bearish convergence in the 1D time frame.</p> 
<p>If the bulls regain momentum, the JUP price will prepare to test its upper resistance level of $1.4950 in the coming time. However, if the bears overpower the bulls, the altcoin will plunge toward its crucial support level of $0.540.</p> 
<h2 class="wp-block-heading" id="h-pyth-pyth">Pyth (PYTH):</h2> 
<p>Over the past 24 hours, the Pyth price has recorded a drop of 3.32% in valuation with a trading volume of $100.32 Million, a change of +78.51%. However, it has jumped 4.78% within the past 30 days and has a YTD return of 6.012%.</p> 
<figure class="wp-block-image">
 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXe3TpM-utqle4pcGmUzS6zjzTI_bes5LJv4TGXXnIa74b1jEQuT7nxqCvU-E_A5ynUudw5omJpcDgDDHDXtADyIuYUH2UNyMZfLcCLnf5MvIysnMsSkmoqACwkMPQ3JjvpTX3qx0nA47KCa7A2mMXuvug?key=b04uCxB_FFqfXEzZ-5ryMg" alt="Pyth Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: PYTH/USDT
 </figcaption>
</figure> 
<p>The RSI indicator has successfully retested its mid-point, indicating an increase in the positive sentiment in the crypto market. Moreover, the Simple Moving Average (SMA) is on the verge of recording a bullish convergence, suggesting a positive outlook in the coming time.</p> 
<p>If the market regains momentum, the PYTH price will head toward its upper resistance level of $0.5430. Conversely, if the bears regain momentum, the Pyth coin price will plunge toward its crucial support level of $0.250.</p>

Top Altcoins To Stack This Week As Market Turns Bearish!

قائمة المحتويات

CoinPedia News

المزيد من المقالات نُشرت في ٢٥ يوليو ٢٠٢٤

OpenAI Develops New AI-Powered Search Engine

Binance's First Airdrop Portal Project: What is Banana Gun?

Galaxy Digital Raises $113M For Crypto Fund, Bets On 'Two-Decade' Blockchain Transition

South Korea's New Crypto Law Takes Effect: What We Know

WazirX India Suspends Withdrawals After $234.9M Theft Reported

Australia’s Big Banks Block Crypto Payments Amid Rising Crypto Popularity

انضم إلى مجلتنا الإخبارية المجانية لآخر تحديثات مجال العملات المشفرة يوميًا.