The uncertainty that lurks in the crypto ecosystem has put fear in many investors' minds. Some people with liquidation experience find it more careful to invest in the market because of the sudden bearish trend of the market over time.
Bitcoin lately experienced a bearish swing that really caused so much panic and left the market with so many casualties. Many opted out of the market, while others were afraid to invest. It's not news that since bitcoin began to gain momentum, lots of coins joined the bullish swing, which placed so many coins in the top gainers position.
Although many coins are gainers, investors are still afraid due to the uncertainty that has invaded the market. They keep asking which coin is best for investment.
Top crypto gainers.
Optimism - $OP
Stack - $STX
Lido DAO - $LDO
Beam - $BEAM
Mantle - $MNT
Top gainer coins are naturally doing everything to attract investors. Therefore, investors deploy every means possible to milk the market. As an investor who wants to invest in the market, some major parameters are meant to be considered so you don’t become a pig in the market.
Hence, I have deployed every resource to give you a fundamental analysis of some major coins that are making it among the top gainers in the market today. I will be looking at the 24-hour market price, percentage, volume, EMA, and RSI. Furthermore, this will help an investor focus on the area of investment, create a watchlist, and become aware of potential coins.
Stack - $STX
Stack came up with a different ball game to enable a better internet through decentralized exchange; they make this possible to enhance the bitcoin economy since there are bitcoin layers.
Therefore, stack has enjoyed a bullish rally that has placed it among the top gainers today in the crypto ecosystem. Within 24 hours, it has moved through a bullish swing toward $2.00 in price above its previous $1.95, going to mitigate $2.05 resistance. It has increased by 4.44% within 24 hours of the bullish trend, with $221,220,523 in 24 hour volume. Trying to build a prospect.
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| a stack 1week chart |
Stack is experiencing massive growth due to massive projects going on in their ecosystem, creating data for builders and developers. They are also trying to integrate and collaborate with bitcoin since they are the bitcoin layer and they are to enhance the bitcoin economy; therefore, they have the highest record of total value lock [TVL] alongside bitcoin TVL.
https://twitter.com/Stacks/status/1757163543994990818
Although stack RSI values are swinging toward overbought, this might create panic for investors, and it is probably meant to move some people out of the market. The long- and short-term holders of this coin say that the coin has sustainable potential growth because they are all on the buy side. Investors are advised to place the coin on their watchlist.
Price - $2.00
Price Change - 4.44%
Trading Volume - $221,220,523
Market Cap - $2,869,791,402
Resistance - $2.05
Support - $1.95
RSI - 74.0216
Mantle - $MNT
Mantle is built to perform under ethereum layer2, They came with different narratives to change the trading narratives that placed them among the top gainers in the crypto ecosystem, their 24-hour bullish swing came with price changes and some other things. In 24 hours, Mantle gained $0.71in price, which rises above its last support of $0.68. This indicates a bullish move toward the next resistance of $0.80. It has experienced a 11.02% increase, and its volume within 24 hours rose to $165,700,872. This indicates a good prospect for the coin.
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| a mantle 1week chart |
Is this bullish trend sustainable for Mantle? Mantle, since the beginning of the year, has announced over 25 million $MNT in reward deals for their users. This has prompted many to find their space mantle ecosystem to partake of the reward. This might as well strengthen the coin and sustain it for a long time.
https://twitter.com/0xMantle/status/1751902670976373126
The RSI value seems to create panic since it is swinging toward overbuying, which means a soon decline, but the long- and short-term holders give investors hope that the coin prospect is sustainable because they all fall toward the buy side. The RSI speculation might want to make investors shy away from this coin, but investors should place it on their watch list because the coin has a sustainable prospect for investment.
Price - $0.71
Price Change -11.02%
Trading Volume - $165,700,872
Market Cap - $2,306,637,429
Resistance - $0.80
Support - $0.65
RSI - 68.1346
disclaimer.
This is never financial advice; it's just to create awareness for investors, but every investor is advised to do due diligence before investing.
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