Recently, bitcoin has broken the bearish point to create support, thereby gaining bullish momentum to give the market a new shape. Therefore, every coin in the crypto ecosystem is doing the same. Against all this, some major coins are taking this bullish trend to the next level to position themselves among the top gainers in the crypto ecosystem.
It has always been the plight of every investor to see a coin change trend towards an investment position in order to invest. While investors are diligently scouting for the best coin they can invest in, it is important to know which coin has the prospects to pump and maintain a bullish trend for future profitability.
Top crypto gainers.
Pyth Network- $PYTH
Arbitrum- $ARB
Kaspa- $KAS
Ton Coin- $TON
Optimism- $OP
While investors keep focusing on the crypto to invest in, it is very important to understand that some coins are finding themselves to be top gainers, which might be a good investment for the market.
Today, I will be doing some major fundamental analysis of two major coins. I will discuss the RSI value, the EMA value, price, and percentage increase within 24 hours, as well as why you should invest in the coin.
At the end, investors will have an idea of what the market is saying about these coins and will have a proper idea of where the market might probably shift toward.
Pyth Network- $pyth
Based on the bullish rally bitcoin is experiencing, pyth network has gained momentum toward the bullish trend just to find its place among the top gainers in the crypto ecosystem. The coin within 24 hours has experienced a $0.4858 price change within 2.84% increase, its 24 hour market value ranges around $82,180,356, which is positioned among the coins to watch.
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| An all time chart of Pyth Network |
Pyth Network could experience this growth because binace has agreed to list Pyth Network among the coins on their platform for easy trading. This information was made public in their social media domain.
https://twitter.com/PythNetwork
The RSI value is moving toward the overbought region, which might create panic for some investors, but the prospect of the coin was seen among the long and short-term holders who are buying to hold the coin, which indicates that the coin has a future prospect. Investors can still have confidence in the coin.
Price - $0.4858
Price Change - 2.84%
Trading Volume -$82,180,356
Market Cap - $729,111,285
Resistance - $0.54
Support - $0.39
RSI - 66.0020
Optimism- $OP
Optimism is experiencing a great bullish trend from its former price, which was at $2.9923, swinging towards $3.36. This bullish swing has placed it among the top gainers in the crypto ecosystem within 24 hours. Within 24 hours, it had increased to $3.36 in price, and its percentage had increased to 8.84%. Its 24 hours, volume moved to $394,535,826, which indicates that optimism is a coin every investor should consider on their watchlist.
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| An all time chart of Optimism |
Why is optimism experiencing this potential? Optimism on their social media makes it known that they are in collaboration with some partners like @dwr and @farcarster_xyz to work on their platform in order to make it easy for developers.
https://twitter.com/Fwiz/status/1754500651260997653
Although the RSI value is 56.786, which indicates that it is swinging toward overbought, which might perplex investors around buying, the long and short-term holders are on the buying side, which indicates that the coin has a future prospect. Therefore, the coin might look overbought, but investors should consider holding it because both long and short-term holders are on the buy side.
Price - $3.36
Price Change - 8.84%
Trading Volume -$394,535,826
Market Cap - $3,200,101,197
Resistance - $3.92
Support - $2.08
RSI - 56.786
Disclaimer.
Every investor should do their due diligence before investing in any coins. This is not financial advice, it is just to create awareness for coins with prospects that might be suitable for your watchlist.
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