Sunday, June 23, 2024

This week’s top 5 cryptocurrencies to keep an eye on.

This Week’s Top 5 Cryptocurrencies To Keep An Eye On: BTC, BNB, XMR, ETC, And MANA Are All Digital Currencies.

The price of Bitcoin (BTC) is still under considerable selling pressure. However, starting a consolidation could bode well for other digital assets like XMR, BNB, MANA and ETC.

Here is a list of top 5 digital assets that could outperform in the upcoming term.

1. Bitcoin (BTC)

BTC indicates a strong buying level at the $28,630 crucial support, as seen on May 20. The selling pressure could be in decline. This prediction comes from the fact that the bulls are pushing prices over the downtrend line.

2. Binance Coin (BNB)

BNB managed to reach the overhead resistance of $323 on day 20 of EMA. It managed to recover sharply from the $211 critical support. To prevent a foreseeable bottom in future, bears must defend this level at all costs.

3. Monero (XMR)

On May 12, XMR fell and surpassed the strong support at the $134 mark. The bears failed to maintain the lower levels. This means there will be aggressive dips buying. On the 20-day EMA, the prices experienced a sharp recovery at $179.

4. Ethereum Classic (ETC)

On May 12, ETC dropped to $16. This is a sharp decline from the $52 mark on March 29. While the bulls are trying to initiate recovery, there is heavy resistance of $23 at the 20 day EMA.

5. Decentraland (MANA)

MANA fell down on May 16, from the $1.24 mark. The bulls however succeeded in preventing a drop below the $1.00 psychological level

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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