The best performing cryptocurrencies are gradually moving from a bear market to a bull market due to the current bullish trend. Analysis of the best performing altcoins carried out by Coinidol.com.
Some of the altcoins listed below have completely recovered from the negative trend.
Pepe
The price of Pepe (PEPE) has recovered from its fall. The bulls have broken the $0.00000290000 resistance and are entering the bull market. On February 28, the altcoin rose to a high of $0.00000359688 before falling again. The altcoin has shown an upward trend in the last 48 hours by fluctuating below the $0.00000350000 barrier.
If the bulls break the barrier around $0.00000350000, the altcoin will rise to a high of $0.00000508762. If buyers fail to break above the previous high, PEPE will resume its sideways trend. PEPE will trade above the moving average lines but below its recent high. It has the following features and is the best performing coin.
Current price: $0.000003101
Market capitalization: $1,316,295,392
Trading volume: $788.98 million
7-day profit: 128.04%
weave
Arweave (AR) is in an uptrend, recovering from its previous decline. The cryptocurrency price is stagnant after reaching the $33 resistance. Currently, the price of the cryptocurrency is trading below the resistance level of $32.00. The rally will continue once the current resistance is broken. If buyers are successful, AR will rise much higher to $46.50. The value of the altcoin is currently $29.89.
It has the following features and is the second best performing coin.
The current price is $29.12.
Market capitalization: $1,918,210,640
Trading volume: $202,778,629
7-day profit: 98.74%
bonk
Bonk (BONK) is in an uptrend and has fully recovered from its decline.
On the upside, BONK will trade in the uptrend zone if buyers break the $0.00002500 barrier. The recent high has stopped the uptrend. The altcoin is currently trading at $0.00002295. BONK is expected to rise quickly if buyers break out of the recent high.
The third most valuable coin, BONK, has the following characteristics:
Current price: $0.00002295
Market capitalization: $2.15 billion
Trading volume: $804.09 million
7-day profit: 92.12%
Uniswap
Uniswap (UNI) is in an upward correction as it recovers from its decline. On February 23, the altcoin reached a high of $12.56 before being rejected.
Today, the price of the cryptocurrency is still trying to overcome its recent peak. If the current resistance level is broken, UNI will rise to $15. The fourth best cryptocurrency UNI has the following features:
Current price: $11.69
Market capitalization: $11,692,146,165
Trading volume: $494,288,658
7-day profit: 50.44%
Theta Network
Theta Network (THETA) is in an upward correction as it continues to recover from its previous decline. The cryptocurrency rose to a high of $2.30 before retreating. Extended candle wicks indicate significant selling pressure at the recent high. The rally has ended and the altcoin has started trading below the $2.00 high.
THETA is currently trading above the moving average lines but below its recent high, indicating a positive trend. The altcoin is currently worth $1.92. THETA, the fifth best performing cryptocurrency, offers the following advantages:
Current price: $1.92
Market capitalization: $1,924,912,407
Trading volume: $129,108,020
7-day profit: 48.45%
Disclaimer. This analysis and forecast are the personal opinions of the author and are not a recommendation to buy or sell cryptocurrencies and should not be viewed as an endorsement by CoinIdol.com. Readers should do their research before investing in funds.
