|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
Neiro [NEIRO], Cardano [ADA], and Cronos [CRO] Emerge as This Week's Biggest Gainers in the Crypto Market
Nov 11, 2024 at 03:00 am
The cryptocurrency market experienced a strong upward trend over the past week, driven by Bitcoin's [BTC] continued rally to new all-time highs.
The cryptocurrency market had a strong upward trend last week, driven by Bitcoin’s [BTC] continued rally to new all-time highs.
This momentum influenced other assets, with notable gains in coins like Neiro [NEIRO], Cardano [ADA], and Cronos [CRO].
However, a few tokens, including Popcat [POPCAT], bucked the trend and ended the week with losses.
Biggest Gainers
Neiro [NEIRO] had an eventful week, starting with a 5% dip, trading around $0.0013.
After further declines on the 4th of November, NEIRO saw a massive recovery midweek, surging nearly 55% to reach approximately $0.002.
It continued this upward trend, ending the week at $0.0025 with an additional 15% increase.
According to CoinGecko, NEIRO was the week’s top performer, posting an impressive 107% gain.
The token’s market cap now stands at about $1.2 billion, a 22% increase in the last 24 hours, with trading volume reaching $867 million, a 38% rise.
Cardano [ADA] emerged as the second-biggest gainer this week. ADA began with a minor dip, dropping over 4% to around $0.33.
However, it quickly reversed course, rallying from the $0.366 level—where it found support at the 50-day moving average—to break through the $0.50 mark.
Source: TradingView
ADA recorded a weekly gain of over 69%, as reported by CoinGecko. Trading around $0.587 at press time, ADA saw an 18.35% increase in the past day alone.
The 50-day moving average crossed above the 200-day moving average, indicating bullish momentum. Also, the RSI at 84.88 suggests ADA might be overbought, signaling a potential pullback.
If the uptrend continues, ADA could aim for resistance around $0.60, with support likely at $0.50 in case of a correction.
ADA’s market cap stood at approximately $20.44 billion at press time, with a trading volume of $2.4 billion, up by 128% over the past 24-hour sentiment in the market.
The altcoin’s ADA’s market capitalization was around $20.44 billion, with an over 33% increase in the last 24 hours. Its volume is over $2.4 billion, with an over 128% increase in the last 24 hours.
Cronos [CRO] had the third-highest gain of the week, according to CoinGecko. After a relatively quiet start, CRO saw significant midweek gains, rising from about $0.017 to nearly $0.10 by week’s end.
Trading at over $0.10 at press time, CRO posted a 14% daily increase.
Market cap and trading volume have also risen in the last 24 hours, with CRO’s market cap reaching $3.2 billion (up 11%) and volume climbing to $173 million, an increase of 39%.
Top 1000 Gainers
In the broader market, Zerebro [ZEREBRO] led the pack with a 1,137% weekly increase. Fartcoin [FARTCOIN] followed with a 360% gain, and Bong Cat [BONGO] posted a 357% gain, rounding out the top three.
Biggest Losers
Despite the market’s overall bullishness, a few assets recorded losses, albeit minor, within the top 100 tokens. The most notable among them were Popcat [POPCAT] and Mog Coin [MOG].
Popcat [POPCAT] saw a slight downtrend, making it one of the few weekly losers. POPCAT began the week around $1.3 and dipped to $1.2 the next day.
After a midweek surge to about $1.60, the price declined again, finishing the week around $1.4. At press time, POPCAT had rebounded slightly, trading at $1.4590, up 2.93%.
Source: TradingView
The RSI indicator sat at 51.71, indicating a neutral trend and potential consolidation before any directional break.
If bearish sentiment continues, POPCAT might retest its $1.30 support, while a bullish move could see it retesting the $1.60 resistance.
Mog Coin
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Bitcoin Surges Post-Election as Investors Bet on Trump's Pro-Crypto Policies and Market Growth
- Nov 13, 2024 at 02:15 pm
- On November 12, Bitcoin was hovering above $90,000 due to the excitement surrounding Donald Trump's election as U.S. president and the anticipation that his administration would be crypto-friendly, per Reuters.
-
- XYZVerse (XYZ) Promises to Outshine Cardano (ADA) and TRON (TRX) with a New Sports-Inspired Memecoin
- Nov 13, 2024 at 12:15 pm
- A new cryptocurrency inspired by the world of sports is making waves with promises of extraordinary returns. This innovative memecoin aims to disrupt the market by combining sports enthusiasm with crypto potential. As it gears up to challenge established players like Cardano and Tron, investors are watching closely to see if it will deliver on its ambitious goals.