bullish

Solana

Zcash

Helium

The broader markets tumbled last week, withdrawing significant gains from the crypto markets. Along with the altcoins, blue-chip cryptocurrencies like Bitcoin, Ethereum, and Solana noted a significant downturn last week.&nbsp;Nonetheless, some crypto gainers stirred up the market. 
However, the last couple of sessions saw a strong rebound from the lower levels, suggesting a strong comeback by the bulls. Amid the recovery, investors need to have those cryptocurrencies which are performing well and may generate impressive returns for them.&nbsp; 
Sui, Zcash and Helium emerged as the top three gainers of the week, adding impressive gains to the investors. Let’s analyze and try to find out whether they may continue to show gains in the next week as well. 
<h2 class="wp-block-heading" id="h-crypto-gainers-sui-sui">Crypto Gainers: Sui (SUI)</h2> 
Sui emerged as the top weekly gainer, rising over 24%. On the daily chart, the crypto started this week on a negative note and slumped in the first half. However, in the second half, the crypto made a strong rebound, snapping off the losses.&nbsp;  
<a href="https://in.tradingview.com/chart/SUIUSD/Ah1q7NtE-Sui-SUI/"> </a>&nbsp; <a href="https://in.tradingview.com/u/Ritika_TCR/"> </a>&nbsp; <a href="https://in.tradingview.com/"> </a>  
The price surpassed the 20 and 50 day EMAs, suggesting a positive outlook in the short term. At the time of writing, SUI was trading near the $0.846 mark with a swift intraday loss of 0.64%.&nbsp; 
Sui is a layer 1 blockchain platform offering low latency transactions with stable transaction fees. It aims to empower the developers with powerful capabilities and tools to develop the next generation of Web3 applications.&nbsp; 
It has a live market capitalization of $2.21 Billion and ranks 34th in the crypto space. Out of a 10 Billion tokens in the total supply, nearly 25.9% i.e. 2.59 Million SUI tokens are in circulation.&nbsp; 
<h2 class="wp-block-heading" id="h-zcash-zec">Zcash (ZEC)</h2> 
Zcash outperformed several altcoins and claimed the second spot in terms of weekly gainers. As of now, Zcash boasts an intraday rise of over 3% and a total of over 23% a week. It is a decentralized cryptocurrency focused on privacy and anonymity.&nbsp;  
<a href="https://in.tradingview.com/chart/ZECUSD/Kh6ELld9-Zcash-ZEC/"> </a> &nbsp; <a href="https://in.tradingview.com/u/Ritika_TCR/"> </a>&nbsp; <a href="https://in.tradingview.com/"> </a>  
Zcash broke out of a range after consolidating nearly 4 weeks. The recent breakout has highlighted a bullish trend in the short term as well as long term.&nbsp; 
On the higher side, the analysts are anticipating a potential of nearly 20% till the $43 level. Also, a bullish crossover between RSI line at 68 pints and that of the SMA line at 62.8 was noted on the charts which validates the possibility of a trend continuation.&nbsp; 
<h2 class="wp-block-heading" id="h-helium-hnt">Helium (HNT)</h2> 
Helium exhibited a strong performance this week, surging nearly 19%. At the time of writing, HNT was trading close to $6.06, recording a positive intraday development of 2%.  
<a href="https://in.tradingview.com/chart/HNTUSD/d9YTGuGx-Helium-HNT/"> </a> &nbsp; <a href="https://in.tradingview.com/u/Ritika_TCR/"> </a> &nbsp; <a href="https://in.tradingview.com/"> </a>  
Helium is ranked 66th in the cryptoverse with a live market capitalization of $974.2 Million. Also, the daily transaction volume has witnessed a growth of 82% to $26.45 Million a day.&nbsp; 
The technical outlook favors a short term bullish trend with the price approaching a crucial supply. The $6.37 level may act as a major hurdle for the bulls which if surpassed may unlock the more potential on the higher side till the $10 level.&nbsp; 
The post <a href="https://www.thecoinrepublic.com/2024/08/10/3-top-crypto-gainers-this-week-must-have-coins-for-your-portfolio/">3 Top Crypto Gainers This Week: Must-Have Coins For Your Portfolio</a> appeared first on <a href="https://www.thecoinrepublic.com">The Coin Republic</a>.

3 Top Crypto Gainers This Week: Must-Have Coins For Your Portfolio

Table of Contents

Thecoinrepublic.com

Other articles published on Aug 11, 2024

Top DeFi Platforms in Digital Finance: dYdX, Lido, MakerDAO, Aave and Uniswap

Top Meme Coins Presale by Market Cap: MUMU’s Stellar Performance and Another Coin Worth Watching

The Top Meme Coins Presale by Market Cap: How Legends of Elysium Making Waves in the Crypto Com...

Weekly Round-Up #105 | Get caught up on the latest developments in Web3!

Analyzing the Yen-Driven Selloff That Sparked Recent Crypto Crash

Mayday for Crypto: Ethereum, XRP, Bitcoin, and Solana Tumble Again

Join our free newsletter for daily crypto updates!