Since the global economy has experienced a move to digital currency, it's not wrong to say that every individual, business, company, and investor is now looking to own a digital asset of their own.
Nevertheless, some are unsure which token to pinpoint on their watch list based on the number of projects finding their space among top gainers in the crypto ecosystem.
Top cryptocurrency gainers.
One of the major quests of every investor is to scout for crypto coins with a high chance of becoming top gainers. Hence, they hedge their funds in anticipation of a sustainable bullish trend. Today, I will be doing a fundamental analysis of two coins that are making the top gainer.
Furthermore, this analysis will be based on the RSI, EVA, percentage increase, market volume, and market price. It aims to alert investors to keep a watch on the coin and place it on its watchlist for prospects.
Celestia - $TIA
Despite the bitcoin bearish move lately, Celestia stood among the top gainers today with a 24-hour volume of $510,237,155 and a 7.34% gain, placing its price around $18.03.
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| a 24 hours chart |
The shift in Celestia's performance can be traced to the information released on its official Twitter of a new project @CelestiaOr,g, which brings a lot of applications on-chain. The project aims to offer developers the opportunity to execute dApps more efficiently in the ecosystem.
https://twitter.com/cartesiproject/status/1745175788826022289
While Celestia may have posted impressive gains, its future performance stands on a shaky ground as its RSI currently has a value of 70.017. Consequently, TIA price may in the coming week as it moves toward the overbought zone. Irrespective of that, investors should consider a close watch on celestia.
Furthermore, its EMA value swings toward the bullish trends for both long and short-term investors, which is a good indicator that its performance in the medium term might still be favourable.
Going by Celestia's market evaluation, it poses a good prospect. Thus it is one of the top ranking cryptos to watch as the crytpo makret slide into its first dilema for the year.
Tron- $TRX
Will Tron maintain its spot as one of the top crypto gainers? Tron has found its space among the top gainers, prompting investors to include it on their watch list. The bullish state of Tron can be traced to its 24-hour market shift, which placed its market volume at $641,439,291 with a 6.43% increase, and its price is at $0.1137.
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| 24 hour chart |
What might cause Tron's uptrend? The bullish wave of Tron can be seen in the announcement of a $50 billion contribution aimed at stabilizing their stablecoin. It was stated on their Twitter handle.
https://twitter.com/justinsuntron/status/1746089077102047690
Its RSI value is at 68.21690265, tending towards the overbought zone. Investors with TRX in their portfolio should watch its trends closely, as it might soon record a reversal.
Also, TRX EMA value shows a bullish swing for the long and short-term investors, implying that the token has future potential despite its impending bearish trend.
Ultimately, the fundamental analysis of Tron shows the investors might still find some haven in its future. Its resilience in the recent uncertainties is remarkable, making it one of the best cryptos to watch this season.
Disclaimer.
Based on the above analysis, investors are advised to do due diligence because every analysis is not finance advice but means creating a pointer for coins that could pump and be sustainable over time.
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