Although Bitcoin has been faced with many challenges that have forced many investors to pull out of the market, despite this turbulent season, many tokens still build resilience to find their place among the top gainers in the crypto ecosystem.
Hence, the uptrend of these tokens have really created a season of great hope for many investors who are afraid to invest in the market. Thereby giving the opportunity to watch the market pull back and forth.
Top crypto gainers.
Toncoin- $TON
Polygon- $MATIC
Monero- $XMR
Bitget token- $BGB
Lido DAO- $LDO
Although many coins were affected by the bearish trend of Bitcoin recently, some were able to build resistance against the pull. These indicate that the week will experience so much resistance in the bullish direction. Listed above are some of the coins that were the top gainers. Investors are advised to keep a watch on them because of their prospects over time.
Today I will be doing fundamental analysis around two major top gainers that are making the bullish trend. I will be analyzing their RSI value, percentage, price increase, EMA, and why investors should include the coin on a watch for future prospects.
polygon- $MATIC
Polygon has created a shift to find itself among the top gainers in the coming weeks. Within 24 hours, it gained $0.7893 above its previous price of $0.784. It has a 0.23% increase with $293,475,621 in 24-hour market volume.
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| A 24 hours polygon chart |
Why is Polygon experiencing this tremendous uptrend? Polygon recently announced on their Twitter space about Polygon zkEVM, a network type 2Z ZK-EVM, a system that will make it easy for developers to deploy their codes just the way they are.
https://twitter.com/0xPolygon/status/1751368915928645812
This has really created a rush into the Polygon ecosystem, which indicates that Polygon might attract developer investors.
Although the RSI value is in the neutral state, which indicates that many investors are holding the coin, this therefore implies that the coin has future prospects, but a large percentage of short-term holders are selling while long-term holders are on the buying side. This implies that, for the long-term holders, the coin has a future prospect in it.
Investors who are willing to invest on a long-term basis can invest in the coin.
Price - $0.7893
Price Change - 0.23%
Trading Volume - $293,475,621
Market Cap - $7,580,618,362
Resistance - $1.479
Support - $0.511
RSI - 47.10754
Lido- $DAO
Lido DAO has built resilience to break itself toward the bullish trend. In 24 hours, it has accumulated a $3.18 price and a 2.75% increase. It has $66,251,764, 24 market volume within 24 hours.
Lido DAO gave an update on their social media handle [Twitter] of a new development that will make it easy for investors to swap easily around their ecosystem.
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| A 24 hours chart of Lido DAO |
https://twitter.com/LidoFinance/status/1750905636987023835
Going by the RSI evaluation, it indicates a balanced value, meaning some investors are still holding while others are buying. The long- and short-term holders are literally buying into the market, which indicates speculation that the coin has a future prospect for more investors to invest in.
Lido DAO definitely has prospects; it could be more okay for investors to place this on their watchlist.
Price - $3.18price
Price Change -2.75%
Trading Volume - $66,251,764 24 hours
Market Cap - $2,829,921,317
Resistance - $3.78
Support - $2.68
RSI - 55.452
Disclaimer.
These coins are selected among the top gainers. Investors should be aware that this is not financial advice, so investors are advised to do their due diligence [analysis] before investing.
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