Despite a bearish influence, the crypto industry experienced a significant upward trend during February, with many altcoins recording gains of over 100% in their respective portfolios and poised to end the month positively finish.
The rising bullish sentiments indicate a sharp rise in the investor’s interest in it. This article consists of top 5 altcoins that have the potential to record significant gains this week.
Worldcoin (WLD):
The Worldcoin price started trading in February with a price tag of $2,328 and showed a neutral trend for a short period of time, indicating a lack of interest from the investors in this token. As market volatility grew in mid-February, the WLD token displayed a notable run over the next ten days, adding approximately 291% in valuation.
Currently, the WLD price trades with a tag of $9,114, has a circulating supply of 135,247,618 WLD tokens, and a market cap of $1.238 billion. The altcoin is predicted to test its upper resistance level of $11 by the end of the month, indicating a 20% gain over the next few days.
The moving average convergence divergence (MACD) is displaying a rising green histogram, indicating increased buying pressure within the crypto market. Furthermore, the averages show a bullish convergence, suggesting that the price will continue to gain value in the coming days.
Fetch.ai (FET):
The FET token entered the second month on a bearish note by recording a loss for the first few days. However, the bulls regained momentum and recorded a jump of over 88% over the next few weeks, highlighting a strong bullish sentiment for the coin in the market.
The Fetch.ai (FET) has a price tag of $1.0996, with a circulating supply of 831,852,395 FET tokens and a market cap of $931.56 million. Current market sentiment points to a potential jump of 16% this week, making it a popular choice for this list.
The MACD shows a constant decline in the histogram, indicating an increase in the price action in the market. Moreover, the averages show a high possibility of a bullish convergence, suggesting a positive price action for the coin in the coming days.
SingularityNET (AGIX):
The SingularityNET token has year-to-date (YTD) returns of more than 143%, indicating an increasing interest of investors in it. Furthermore, the AGIX price has recorded significant price swings this month, resulting in it receiving considerable attention from the market.
The AGIX token recorded a jump of over 182% this month, making it one of the top gainers in the industry. With a circulating supply of over 1.256 billion tokens and a market cap of $980.18 million, the SingularityNET token is predicted to test its upper limit of $0.90 within this week.
The technical indicator displays a mixed sentiment as its Cross EMA 50/200 day shows bullish momentum, while its MACD indicates bearish price action in the coming time.
The chart (GRT):
The chart price traded in a consolidated range between $0.1495 and $0.1764 for the first two weeks of the month, after which the market experienced a bullish reversal, leading the BRT token to jump more than 90% in valuation experienced. Furthermore, it has added over 68% to its portfolio this year, making it a potential coin for the upcoming bull rally.
The chart currently has a price tag of $0.2995 and a market cap of $2.803 billion. With a circulating supply of 9,417,231,497 GRT tokens, the price is predicted to test its upper resistance level of $0.350, indicating a potential jump of 17% this week.
The MACD displays a rising green histogram, highlighting positive price action for the coin in the market. Furthermore, the averages show a bullish convergence, which suggests that the price will continue to gain value in the coming time.
Liver (RNDR):
The Render price traded in a consolidated range between $4,254 and $5,156 for the first sixteen days, after which the market gained momentum, and the token showed significant fluctuations in the chart. Furthermore, the RNDR token added 73.50% this month.
It has a price tag of $7,497, with a circulating supply of 387,257,447 RNDR tokens and a market cap of $2.848 billion. The RNDR token has recorded a YTD of over 68%, making it a popular choice for this list. Furthermore, the Render token is expected to test its upper level of $8.50 this week.
The technical indicator, MACD, is showing a decline in the red histogram, indicating an increase in buying pressure for this altcoin in the crypto market. Additionally, the averages show a high potential for a bullish convergence, suggesting positive price action in the coming time.
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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