The crypto market saw prices move from key support across all boards, with the crypto marketcap finding some relief recently as it aims to reclaim its resistance of $1.2 trillion. This has led to market sentiments returning bullish, with many crypto assets rallying from the key support and producing double-digit gains. Let us focus on the top 5 cryptocurrencies you should pay attention to this week.
Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose.
TOP 5 Cryptocurrencies – Bitcoin (BTC) Price Analysis
Daily BTC Price Chart Source: MKRUSDT On Tradingview.com
The price of MKR has continued to show bullish trends holding well above the 8 and 20 EMA after a successful break out of the descending triangle creating a more bullish scenario.
With the market looking more stable, we could see MKR retest the region of $1,200. If the price of MKR experiences a sell-off, we could see a price retest of $800 acting as a support area.
Daily MATIC Price Chart
Publicly traded BIT Mining (BTCM) will continue its self-hosted mining operations for dogecoin (DOGE) and…
Bitcoin (BTC) and the broader crypto market are witnessing strong demand for bullish leveraged plays,…
Bitcoin has shattered previous records, soaring past the $100,000 milestone for the first time ever…
Bitcoin has once again captured the spotlight as retail demand surges to levels not seen…
An address tied to long-defunct crypto exchange Mt. Gox moved large amounts of BTC to…
Bitcoin broke the landmark $100,000 level earlier Thursday, nearly 15 years after it first went…