Every crypto currency is gaining momentum now in the crypto ecosystem. Many coins are finding their place among the top gainers, which is going to be a good deal for investors on their watchlist.
Since the whole market is trending toward the buy side, which is an expectation for investors, the bullish trend of various coin will cause perplexity for many investors because if the market is trending toward demand, it is possible that the market shifts direction over time toward bearish direction.
At this point, what will an investor be thinking? It is crucial to know that investors will probably be thinking about coins with sustainable pumps. Definitely, the quest of every investor is to get coins that are gaining prospects.
Top crypto gainers
Pyth Network- $PYTH
Beam - $BEAM
Maker - $MRK
Ton Coin- $TON
Optimism- $OP
The bullish rally in the present market has attracted many investors to consider investing in the bullish trend since we have coins finding their place among the gainers. Moreover, before you invest funds, some parameters must be considered to avoid the liquidity of the fund.
Today, I will be conducting a fundamental analysis of these parameters to consider, which are the 24-hour volume, percentage increase, price, RSI value, EMA, etc.
Which is aimed at giving investors clues on the coin to invest in as well as placing it on their watchlist after going through the fundamental analysis.
Beam - $BEAM
Beam has come to change the narrative in the gaming ecosystem, with so many projects being introduced to help the project grow. The growth has caused a shift in its growth within 24 hours. Price has moved within 24 hours from $0.022 to $0.025, it has 3.18% increase, and the 24 hour volume is $101,135,746 which makes a coin investors should put on their watchlist.
Beam all time chart |
Why is Beam experiencing a great bullish trend? Lately, Beam launched a new game that brought millions of gamers together. This really created a pump for their project.
https://twitter.com/MeritCircle_IO/status/1756429081904632015
The RSI value is at 56.68, which indicates overbought. These might probably send fear down the spines of investors, but nevertheless, the long- and short-term holders are on the buy side, which means the coin still has prospects for investors to watch.
Price - $0.025
Price Change - 3.18%
Trading Volume -$101,135,746
Market Cap - $1,299,156,663
Resistance - $0.026
Support - $0.22
RSI - 56.68
Toncoin - $ton
Toncion is a defi coin that comprises various components. Which are blockchain, DNS, storage, and sites. The exchange platform has a coding protocol that connects TON’s together to experience great functionality in the ecosystem.
It is aimed at achieving cross-chain interoperability and then operating a highly secure framework.
Within 24 hours, TON has experienced a bullish move that has rated it among the top gainers. It has a $2.10 24 hour price increase, a 0.76% increase, and also has $29,255,710 24 hour volume above its previous volume.
toncoin all time chart |
The project is really introducing major measures to help the project attract more funds and make life easy for their clients and investors. They are introducing things like a crypto custodial service, which will help people manage their TON, and a blockchain, which will make 100k transactions easy within seconds. This will be a great deal that will attract investors.
https://twitter.com/ton_blockchain/status/1755608108418941137
Looking at the RSI value, it is balanced, which indicates that the market is on the fair side for investors. The short-term holders are really selling off the market, but the long-term holders are still buying their way into the market. Judging from the long-term side, it indicates that the coin has prospects since the RSI value is in a balanced state. Investors can consider placing the coin on their wishlist.
Price - $2.10
Price Change - 0.76%
Trading Volume - $29,255,710
Market Cap - $7,249,041,189
Resistance - $0.12
Support - $0.05
RSI - 47.832332420
Disclaimer.
This is never financial advice; every fundamental analysis here is just to create awareness for investors to know which coin to place on their watchlist. Investors are advised to do a thorough analysis of every coin before investing. We won't be held responsible for any form of wrong analysis from the investors' angle.
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