• Bitcoin
  • Blockchain
  • Crypto
  • Metaverse
  • AltCoins
  • Business
  • Investment
  • Upcoming
What's Hot

First Ever Bitcoin Themed PEZ Dispenser Officially Launches

March 22, 2023

Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

March 22, 2023

Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

March 22, 2023
Facebook Twitter Instagram
  • Bitcoin

    First Ever Bitcoin Themed PEZ Dispenser Officially Launches

    March 22, 2023

    Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

    March 22, 2023

    Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

    March 22, 2023

    Wasabi Wallet Releases Version 2.0.3, Adding Back Coin Control Amongst Other Updates

    March 21, 2023

    Seeking Freedom, Bitcoiners Should Consider Second Passports

    March 21, 2023
  • Blockchain

    BlockJoy raises $12M to help cut operating costs for businesses running blockchain nodes • TechCrunch

    February 2, 2023

    Blockchain Futurist Conference — Canada’s biggest crypto conference returns for fifth year

    February 2, 2023

    WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse

    February 2, 2023

    Will Polkadot’s [DOT] new parachain fix the blockchain?

    February 1, 2023

    BNB Chain Unveils 3rd Blockchain in BNB Ecosystem, Tether ‘Never Borrowed from Celsius’, Ripple Sold $226M Worth of XRP in Q4

    February 1, 2023
  • Crypto

    Crypto Donations Now Need An Appraisal

    February 2, 2023

    Bitcoin Shrugs Off Fed Rate Hike to Hit Six-Month High

    February 2, 2023

    Stock and Share Market News, Economy and Finance News, Sensex, Nifty, Global Market, NSE, BSE Live IPO News

    February 2, 2023

    Yates County cryptocurrency miner completes debt restructuring deal

    February 1, 2023

    How ‘King of Instagram’ Dan Bilzerian ‘made millions’ from cryptocurrency after bizarre poker deal

    February 1, 2023
  • Metaverse

    Facebook’s Metaverse Division Lost Nearly $14 Billion Dollars Last Year

    February 2, 2023

    Samsung Hints Metaverse Ambitions At Product Launch Event, Eyes Integrating Different Realities Into Premium Smartphones

    February 2, 2023

    Sanlam makes history with SA’s first media launch in the metaverse

    February 2, 2023

    Meta’s plans to expand metaverse are up and running again: Here’ how

    February 2, 2023

    RFOX VALT Launches AI-Enabled Metaverse Apartments for Sale

    February 1, 2023
  • AltCoins

    Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

    February 2, 2023

    CAKE, SHIB And These Alt-Coins Are Trending

    February 2, 2023

    Elon Musk Wants McDonald’s to Accept Crypto Payments. Dogecoin (DOGE), Bitcoin (BTC), and Snowfall Protocol (SNW) Benefit

    February 2, 2023

    Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

    February 2, 2023

    Are Cryptos Bound to Retrace Amid Recent Pump?

    February 1, 2023
  • Business

    Ray Dalio Warns Money Is in Jeopardy, Favors Inflation-Linked Crypto

    February 2, 2023

    BIT Mining Limited Regains Compliance with NYSE Continued Listing Standards

    February 2, 2023

    Bithumb’s de facto owner arrested over alleged embezzlement

    February 2, 2023

    Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas

    February 1, 2023

    Cathie Wood’s Ark Invest Says Bitcoin Could Hit $1.5 Million by 2030

    February 1, 2023
  • Investment

    The Investor’s Guide to Crypto Options Trading

    February 2, 2023

    Pune software engineer loses Rs 13 lakh to crypto investment fraud

    February 2, 2023

    Crypto Investment Products’ AUM Surges as Investor Confidence Returns: CryptoCompare Report

    February 2, 2023

    Crypto Investors Can Purchase Bankruptcy Put Options to Protect Funds on Binance, Coinbase, Kraken Crypto Exchanges

    February 1, 2023

    Ethereum price forecast for February, including Morgan Stanley comments By Investing.com

    February 1, 2023
  • Upcoming

    S&P 500 rises to the highest level in five months Thursday as Meta leads a tech comeback

    February 2, 2023

    Looking For Something Different From Nubank and C6 Bank? Try Lanistar! – Sponsored Content

    February 2, 2023

    NYDFS Releases Guidance For BitLicensees And Limited Purpose Trust Companies On Asset Custody In The Wake Of Cryptocurrency Insolvencies – Financial Services

    February 2, 2023

    This Supreme Court Case Will Reverberate Throughout the Compliance and ESG World | NAVEX

    February 2, 2023

    Ethereum (ETH) Could Reclaim $2,000, Trader Says

    February 1, 2023
investorstoday.press
investorstoday.press
Home»AltCoins»5 Altcoins That Lead Crypto Market Gainers
AltCoins

5 Altcoins That Lead Crypto Market Gainers

maikdezana@icloud.comBy maikdezana@icloud.comJanuary 27, 2023No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

BeInCrypto looks at five altcoins that increased the most from the entire crypto market this week, specifically from Jan. 20 to 27.

These popular altcoins have stolen the crypto news and cryptocurrency market spotlight:

  1. Threshold (T) price increased by 150.28%
  2. Aptos (APT) price increased by 135.77%
  3. Fantom (FTM) price increased by 57.41%
  4. eCash (XEC) price increased by 43.41%
  5. Axie Infinity (AXS) price increased by 39.67%

Threshold Leads Crypto Market Altcoin Gainers

On Jan. 13, the T price broke out from a descending resistance line. Three days later, it reached a high of $0.065. However, it created a long upper wick and currently trades at $0.053. 

Therefore, the price failed to break out above the $0.053 area, which has been in place since May 2022. 

If it successfully breaks out, the next resistance would be at $0.082. On the other hand, a rejection could lead to a drop toward the 0.5-0.618 Fib retracement support area at $0.034-$0.040.

T/USDT Daily Chart. Source: TradingView

Aptos Price Reaches New All-Time High

The APT price has increased by 493% since the beginning of the year. On Jan. 26, it reached a new all-time high of $20.400. The high was made very close to the 2.61 external Fib retracement of the previous drop (white). The same day, the price created a bearish shooting star candlestick.

If a downward movement follows, the closest support area would be at $13.202. On the other hand, if the APT price resumes its upward trend, it could increase to the 3.61 external Fib retracement at $28.565.

Aptos (APT) Price All-Time High
APT/USDT Daily Chart. Source: TradingView

Fantom Clears Major Resistance

The FTM price has increased at an accelerated rate since deviating below and then reclaiming the $0.20 horizontal support area. This price movement was preceded by bullish divergence in the RSI. The indicator has now moved above 50, indicating a bullish trend.

Currently, the digital asset is in the process of reaching a weekly close above the $0.41 resistance. If it does this, it could increase to the next resistance at $1.10.

On the other hand, a weekly close below $0.41 could lead to a retest of the $0.20 support area.

Fantom (FTM) Altcoin Price Movement
FTM/USDT Weekly Chart. Source: TradingView

Axie Infinity Clear Major Resistance

The AXS price broke out from a descending resistance line on Jan. 6. It has been increasing since, and on Jan. 22 it moved above the $10 horizontal resistance area. The area is now expected to provide support.

Despite the breakout, the crypto asset failed to clear the 0.618 Fib retracement resistance level at $14.29. If it successfully moves above the $14.29 resistance area, the AXS price could increase to $20.65. On the other hand, failure to do so would likely lead to a retest of the $10 support area.

Axie Infinity (AXS) Breakout
AXS/USDT Daily Chart. Source: TradingView

eCash Altcoin Struggles With Resistance

Similarly to APT and AXS, the eCash price also broke out from a descending resistance line on Jan. 23. The upward movement has continued since, and the XEC price reached a high of $0.000045 three days later.

However, the price failed to break out from the $0.000045 resistance area and created a long upper wick. A successful breakout could take the XEC price to $0.000060, while a rejection could cause a drop to $0.000030.

eCash (XEC) Price Breakout
XEC/BUSD Daily Chart. Source: TradingView

For BeInCrypto’s latest crypto market analysis, click here.

Disclaimer

BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. You comply and understand that you should use any of this information at your own risk. Cryptocurrencies are highly volatile financial assets, so research and make your own financial decisions.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
maikdezana@icloud.com
  • Website

Related Posts

Altcoins Lead Post-Fed Crypto Rally as Risk Appetite Increases

February 2, 2023

CAKE, SHIB And These Alt-Coins Are Trending

February 2, 2023

Elon Musk Wants McDonald’s to Accept Crypto Payments. Dogecoin (DOGE), Bitcoin (BTC), and Snowfall Protocol (SNW) Benefit

February 2, 2023

Crypto Analysts are Saying These Altcoins Have Huge Potential – Here’s Why

February 2, 2023
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Subscribe to Updates

Get the latest crypto news

Advertisement
Demo
Top Insights

First Ever Bitcoin Themed PEZ Dispenser Officially Launches

March 22, 2023

Texas House Introduces Bill To Boost Local Bitcoin Economy And Protect Rights Of Individual BTC Ownership

March 22, 2023

Bitwise Asset Management Announces New Exchange Traded Fund Aimed At Long-Term Bitcoin ETF Investors

March 22, 2023
Get Informed

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Categories
  • AltCoins (1,399)
  • Bitcoin (1,518)
  • Blockchain (1,384)
  • Business (1,378)
  • Crypto (1,365)
  • Investment (1,383)
  • Metaverse (1,361)
  • Upcoming (1,319)
Facebook Instagram
  • Contact Us
  • privacy policy
  • about us
© 2023 Designed by investorstoday.

Type above and press Enter to search. Press Esc to cancel.