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Cryptocurrency News Articles

Will Last Week's Crypto Superstars Maintain Their Winning Run?

Mar 26, 2024 at 03:02 am

Will Last Week's Crypto Superstars Maintain Their Winning Run?

Will Last Week's Crypto Winners Continue Their Winning Streak?

Last week's crypto market was a tale of soaring gains, with ONDO, TON, and ICP emerging as the biggest winners. ONDO surged by over 80%, while TON and ICP both posted gains close to 40%. But the question on every crypto enthusiast's mind is: will this positive momentum continue this week?

ONDO: On the Cusp of $1?

ONDO's meteoric rise has been nothing short of remarkable. Since its launch in January, it has skyrocketed by nearly 1,100%. The technical analysis suggests that ONDO is in the final wave of its upward surge. However, a close above $0.95 could pave the way for a 45% rally to $1.30. On the downside, a failure to breach this level could trigger a 30% drop to $0.63.

TON: New All-Time Highs in Sight

Like ONDO, TON has also scaled new all-time highs. The wave count indicates that TON is in the third wave of a five-wave upward trend. Wave three often exhibits the steepest part of the rally. With the RSI and MACD both trending upwards, TON is poised to reach its next target of $6.60, representing a 20% gain from current levels.

ICP: Resistance Broken, Gains in the Offing

ICP has been battling with the $15 resistance level for months. However, last week, it finally broke through this barrier. If the bullish momentum persists, ICP could surge by 140% to $40. The technical indicators also support this bullish outlook, with the RSI and MACD both showing upward trends.

Conclusion

While ONDO, TON, and ICP have already made impressive gains, the positive trend could very well continue this week. ONDO is nearing a critical resistance level, while TON has cleared its main resistance. ICP, too, has broken out from its long-term resistance area. With the overall crypto market showing bullish signs, these three winners could extend their rally further.

Disclaimer:info@kdj.com

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