In this article, Bitcoin Magazine will look at the seven cryptocurrencies that have gained the most over the past seven days, more specifically from January 7-14.
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These cryptocurrencies are:
Bạn Đang Xem: Oasis Network (ROSE) & NEAR Protocol (NEAR) đạt ATH mới
- Oasis Network (ROSE) : 35.20%
- Dogecoin (DOGE) : 26.90%
- Near Protocol (NEAR) : 24.67%
- Secret (SCRT) : 18.17%
- Dash (DASH) : 16.57%
- FTX Token (FTT) : 14.45%
- Harmony (ONE) : 10.47%
ROSE has been up since January 10, when it hit as low as $0.30. Four days later, it hit a new all-time high of $0.538. This number corresponds to a 77% increase.
Since then, the token has dropped slightly, potentially returning to validate the $0.455 area as support. If a retest is successful, the next resistances will be at $0.55 and $0.70. They are the 1.61 and 2.61 outer Fibonacci retracement resistance levels, respectively.
Daily ROSE/USDT Chart | Source: TradingView
On January 10, DOGE dropped to as low as $0.136. This is a very bearish development, as it indicates that the token broke below the $0.165 support area, which has been around for 257 days.
However, DOGE regained the zone shortly after and has since rallied higher, hitting a high of $0.21 on Jan. 14.
The nearest resistance is at $0.245, created by a descending resistance line. A breakout above it can greatly accelerate the upside.
Daily DOGE/USDT Chart | Source: TradingView
NEAR has been rising inside an ascending parallel channel since December 18. This resulted in a new all-time high of $20.4 on January 14. The high was made very close to the resistance line. channel resistance.
Additionally, both the MACD and the RSI produce significant bearish divergences, which often herald a bearish trend reversal.
Therefore, it is possible that NEAR will decline towards the midline of the channel and possibly the support line of the channel.
NEAR/USDT Daily Chart | Source: TradingView
SCRT has been declining along with a descending resistance line since Oct. 28. On Dec. 24, price broke above this line and returned confirming it as support (green icon) for the year. day after that. Prices have gone higher since then.
Currently, the price is trading right at the 0.618 Fib retracement resistance at $8.20. This is also the horizontal resistance zone. A breakout above it can greatly accelerate the upside.
SCRT/USDT Daily Chart | Source: TradingView
On December 4, DASH hit a low of $110 and bounced up, creating a long wick below. This validated the $115 area as support once again. This zone has been in existence since June 2021.
On January 7th, the token bounced and made a higher low (green icon).
The nearest resistance is at $170, created by a descending resistance line.
Daily DASH/USDT Chart | Source: TradingView
FTT has been declining along with a descending resistance line since hitting an all-time high of $84.7 on September 9. The downtrend led to a low of $33.8 on January 8.
The token has been on the rise since then and has now reached the descending resistance line once again. A breakout above it will confirm that the correction is over.
In that case, the nearest resistance would be at $53.4, created by the 0.382 Fibonacci retracement resistance.
Daily FTT/USDT Chart | Source: TradingView
ONE has been declining along with a descending resistance line since October 26, when it hit an all-time high of $0.38.
On January 2, price broke above this resistance line and returned to confirm it as support two days later (green symbol).
After starting another upward movement, the price broke out above the $0.325 area on January 12.
If a new all-time high is reached, the next resistance will be at $0.53, created by the 1.61 external Fib resistance.
Daily ONE/USDT Chart | Source: TradingView
You can see the coin prices here.
Disclaimer: This article is for informational purposes only, not investment advice. Investors should research carefully before making a decision. We are not responsible for your investment decisions.
According to Beincrypto