Weekly Crypto Gainers: The market leader, Bitcoin, has increased its value by almost 12% in the last week, while the market has shown gains and maintained its bullish outlook. This week’s top ten cryptocurrency gainers were WIF, WLD, HNT, TAO, PEPE, JUP, INJ, AR, CORE, and ICP. The recent performance suggests that these gainers could continue to perform well, leading to additional increases on the daily chart. Discover what these cryptocurrencies could accomplish next by diving into this week’s top gainers chart.
Dogwifhat (WIF) Technical Analysis On 1-D Time Frame
The WIF cryptocurrency has followed a falling wedge trading pattern in the last four months. On March 31, 2024, the priceMarch 31 was at its highest point of $4.85; by July 11, 2024, it had droJuly 11 $1.50. Once again, the price soared from the channel’s lower border, reflecting the broader market’s positive feeling. It broke the $2.25 swing high and rocketed over 65%. So, it looked like the price was getting close to the wedge’s upper border, with $3.25 and $3.50 being the closest targets.
Worldcoin (WLD) Technical Outlook
From its $2 support zone to $11.90 on March 10, 2024, the WLD search 10rency demonstrated more than 450% gains. After a protracted decline, the price finally recovered to the $2.0 support zone on July 5, 2024, after plung July 5 to a wedge.
Following the crucial support, when a large historical rise was indicated on the graph, the price showed positive activity again. The price rose over 80% from the demand zone before being stopped by the wedge’s top boundary. As seen before, breaking the upper barrier might trigger an epic chart pump. Near $4.25 and $5.25, you can encounter opposition.
Helium (HNT) Price Evaluation on the Daily Chart
Following the consolidation that concluded in November 2023, the HNT cryptocurrency demonstrated enormous profits of almost 650%. The range of prices was from $1.50 to $11.149.Nevertheless, the peak was highly unpredictable, with bears driving prices down until the candle closed at $10.0. As a result of the overwhelming bearish sentiment, the price action established a lower low structure relative to the high.
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A supply region was established for $9.55 throughout the procedure. Bears regained control and destroyed a key support zone at $2.94.Currently, HNT prices are 40% higher than those in the demand zone. At $5.825, it looked like it would retest the barrier. The price may try to retest the $9.55 supply region once it breaks that level.
Bittensor (TAO) Price Structure Overview
A staggering 290% increase, from $193 to $756, occurred between January 82024 and January 84 on the march 7O. But the price ran into a supply zone on the daily chart and couldn’t get any additional gains. Once the price failed to achieve $756, bear dominance of the market was established due to the decline in supply. By July 5, four months after the lower formation, the TAO price had recovered to the initial demand zone.
Nevertheless, the price increased by almost 65% in the last two weeks, which aligns with the overall bullish feeling in the market. Its rise in the preceding week was over 38%. The TAO price breaking the channel top border seemed like a bullish pattern, the exact breaking of the falling wedge. Consequently, the upper targets are around $370 and $430, correspondingly, assuming the breakout persists.
PEPE Technical Chart Explanation On Daily Chart
On the daily chart, the PEPE price created two all-time highs (ATHs), displaying the most remarkable price structure ever. The first and second ATHs were $0.000010800 and $0.00001717, respectively.
A widening rising wedge has been developing on the daily chart of the PEPE price. The price has seen gains of approximately 35% from the pattern’s lower border. At the time of publication, it displayed a struggle close to its prior swing high. In light of this, the price may want to retest the supply and upper boundary once surpassed.
Jupiter (JUP) Price analysis!
On the daily chart, the JUP price surged over 320% and reached a new all-time high of $1.91. The decline started in a wedge because gains were too fragile, giving the bears even more of an advantage. The price hit the bottom edge of the wedge after plunging over 65% from its high.
At the time of writing, the price had already surpassed the $0.8876 swing high from earlier in the day and was trading above the top boundary of the channel on the daily chart. At the time of the falling wedge’s breakout, it appeared to be a bullish pattern. Therefore, if the breakout persists, the higher goals are around $1.059 and $1.302.
Technical evaluation of the Injective Protocol (INJ) price
The INJ cryptocurrency saw more than 600% rise after the consolidation ended in October 2023. It had a low of $7 on March 1324 and a high of 13.72 the following day.
Nevertheless, a significant supply was established around $52 as bears drove the price down from its top. Due to the tremendous push from the bears, the price shattered the bulls’ previous efforts. From $44, the bears seized control and sent the INJ price tumbling toward a $16 support zone.
As this was written, the price had already grown by over 50% from the demand zone and was preparing to retest the $32 barrier. After the price breaks through that resistance level, it may try to retest the $44 level.
Arweave (AR) Price Structure on Daily Time Frame
The AR daily chart gained nearly 1,000% in 141 trading bars from OctoOctober 2023, to MarcOctober 20 The price March 9ave (AR) rose from $4 to $47.59.AR fell from $47.59 to $20 by mid-April 2024. In mid-May 2024, it recovered and achieved a daily chart record high of $49.59.
Bears used uncertainty to drive the price down to $20 by July-July. In week two, week five, the token’s price has tried to rise again, and the chart suggests it will succeed. Over 25% and 50% increases were seen in the prior week and two weeks. Since the price is above its swing high of $29, potential impediments to further gain are between $36.0 and $44.0.
CORE Technical Snapshot
At the beginning of 2024, during consolidation, the CORE cryptocurrency became silent following an unprecedented surge of almost 800% on March 20 and March 12, 2024. It soared to $4.34 on April 6.55.
After that, dynamic trendline resistance directly impacted the CORE price and started to decline. Support at $0.85 was attained by July 5, July 5eless, and July 5th, and it was affected by the market as a whole and Bitcoin. Following this, CORE shattered the trendline resistance and rocketed above 65%. Potential resistance levels at $1.60 and $1.90 can be encountered if the breakout keeps gaining momentum.
Internet Computer Price Overview On Daily Chart!
With gains of almost 600%, Internet Computer (ICP) reached $21.15 on March 27. However, the volatMarch 27uMarchp price declined, and by July 5, July 5 had riJuly 56. As a result of widespread market sentiment, ICP’s price broke over dynamic trendline resistance and soared past the prior swing high of $8.5. The $11.0 and $13.0 levels are the course’s resistance.
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