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Cryptocurrency News Articles
Top Altcoins to Buy Now: Curve DAO (CRV) and Stratis (STRAX) Signal Bullish Uproar Ahead
Aug 13, 2024 at 07:22 pm
The cryptocurrency market registered lower volatility in the past few days than last week. Following the daily death cross recorded on the Bitcoin price against the US dollar, on-chain data shows whale and shark investors have shied away from further crypto accumulation.
Cryptocurrency prices remained largely subdued over the past few days, with lower volatility compared to the previous week's sharp moves.
After the daily death cross on the Bitcoin price chart against the US dollar, on-chain data suggests that whale and shark investors have refrained from further crypto accumulation.
However, institutional investors have reportedly deposited over $1.3 billion worth of USDT to various exchanges since August 5, increasing the overall purchasing power.
Top Altcoins to Buy Now
Curve DAO (CRV)
$Crv#Crv Descending Channel Breakout Has Already Confirmed Expecting 2x Bullish Wave pic.twitter.com/oGoknd9iaO
suggesting that CRV price is up for a 200 percent rally after a successful breakout from a descending channel.
According to the latest crypto data, the small-cap altcoin, with a fully diluted valuation of about $664 million and a daily average traded volume of around $339 million, pumped 10 percent in the last 24 hours to trade about 31 cents on Tuesday during the London session.
Stratis (STRAX)
$STRAX (Update)
Trend Line Upside Breakout is done in daily Timeframe..
suggesting a potential bullish move ahead. Clifton Fx's analysis shows that STRAX's price has already broken out of a falling logarithmic trend in the daily time frame and is preparing for further growth in the near term.
Moreover, the small-cap altcoin, with a market cap of around $93 million and a daily average traded volume of about $3.6 million, pumped over 6 percent in the past 24 hours to hover around $0.0476 on Tuesday.
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