Following the cross-border market correction, the cryptocurrency market has added approximately $200 Billion to its valuation over the past week, indicating an increase in the bullish influence within the crypto space.
Furthermore, mid-cap altcoins have recorded the highest gains during this time, indicating a rising interest of investors towards these altcoins to maximize their profits during the upcoming bull market rally.
Planning to stack more altcoins during the ongoing market recovery? Dive in as, in this article, we have covered the top 3 altcoins that have the potential to record a massive uptrend in their respective portfolios during the upcoming weeks.
SATS (1000SATS):
The SATS price has continued trading under a bullish sentiment by adding approximately 10% to its valuation within the past day with a trading volume of $101.46 Million, a change of +17.96%. Moreover, it has surged 18.35% over the past week and 39.28% during the previous month.
The technical indicator, MACD, displays a constant decline in the red histogram with its averages successfully recording a bullish convergence in the 1D time frame. This highlights an increase in the buying-over-selling pressure within the crypto space.
If the bulls continue to dominate the market, the STAS price will prepare to test its upper resistance level of $0.0000004825 in the coming time. However, if the bears regain momentum, this altcoin will plunge toward its low of $0.0000001225 this month.
Neiro Ethereum (NEIRO):
Built on the Ethereum ecosystem, the Neiro Ethereum project is unique in many ways. This resulted in it gaining significant attention from the cryptocurrency space within a short period. Positively, it has surged over 1,700% within the past 13 days.
Notably, with a trading price of $0.2385 and a circulating supply of 1 Billion NEIRO tokens, this Ethereum-based altcoin has secured the 220th position in the global crypto-list with a market capitalization of $238.54 Million.
Despite recording a correction of approximately 4% within the past day, the NEIRO price has surged 78.65% within the past seven days and over 1,630% since its inception this year.
Sui (SUI):
The SUI price has jumped over 44% within the past week and 17.08% over the past 30 days. Furthermore, with a Year-to-Date (YTD) return of 14.75%, this altcoin has secured the 32nd position with a market capitalization of $2.318 Billion.
The Relative Strength Index (RSI) has recorded a bearish curve below the overbought range. On the other hand, the average trendline shows a bullish action, indicating a mixed sentiment for the SUI price in the crypto market.
Maintaining the price above its support level of $0.8925 will set the stage for the Sui coin price to test its upper resistance level of $1.460. Conversely, if a bearish trend reversal occurs, the altcoin will plunge toward its crucial support level of $0.6125.
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