Finance
Weekly Analysis of the Cryptocurrency Market: Altcoins Follow Horizontal Pattern as Recent Highs Remain Unbroken
Cryptocurrencies are currently on the rise in a bull market, with altcoins such as Render (RNDR) leading the way. RNDR has seen a high of $13.62 and is currently trading between $7.50 and $14. The altcoin is showing positive momentum as it approaches the $14 resistance level. Meanwhile, Akash Network (AKT) has reached a high of $6.24 and is trading between $3.50 and $6.50. AIOZ Network (AIOZ) is in a bullish trend, with a high of $1.08 and trading between $0.55 and $1.10. THORChain (RUNE) has experienced a decline but is now consolidating above the $4.78 level. Additionally, Toncoin (TON) has reached $7.67 and is trading between $4.50 and $7.00.
RNDR is the top-performing altcoin with a current price of $11.08 and a market capitalization of $5,950,351,583. AKT follows closely behind with a current price of $6.06 and a market capitalization of $2,353,487,298. AIOZ is the third most valuable coin with a current price of $0.7856 and a market capitalization of $856,107,298. RUNE is the fourth best performing cryptocurrency with a current price of $5.99 and a market capitalization of $2,480,218,799. TON is the fifth best performing altcoin with a current price of $6.70 and a market capitalization of $34.192.162.786
It is important to note that the information provided in this analysis is the personal opinion of the author and should not be taken as financial advice. Readers are advised to conduct their own research before investing in any cryptocurrency.
-
Sport6 days ago
AGs from conservative states sue the Biden administration to stop ‘extreme transgender ideology’ endangering ‘safety of women and girls’
-
Food7 days ago
44 Top Gifts for Coffee Enthusiasts in 2022: Brewing Equipment, Frothers, Grinders, Cups, and Subscriptions
-
News7 days ago
Queens man shares his account of being stabbed in the head outside his home. Get the latest update on the investigation.
-
Food7 days ago
Top 43 Food Gifts for Home Cooks in 2022: Amazon, Great Jones, Williams Sonoma, Food52, Our Place
-
Sport7 days ago
David Beckham Sent a Text to Tom Brady After a Harsh Roast on Netflix, Saying ‘It Was Difficult to Watch’
-
News7 days ago
American soldier’s wife imprisoned in Russia alleges she witnessed his girlfriend from the area stab him while video calling with their six-year-old daughter
-
News7 days ago
Prominent lawyer in Tunisia arrested by masked police for comments made in media
-
Lifestyle6 days ago
11 Summer Styles for Rich Moms to Rock in the Hamptons