The Magnificent Seven: HOT, ONE, NPXS, SC, FIL, MANA & LUNA – Greatest Gainers, March 15-19



On this article, BeInCrypto takes a take a look at the seven altcoins that elevated probably the most over the previous seven days (March 12 – March 19).

These altcoins are:

  • Holo (HOT) – 160%
  • Concord (ONE) – 140%
  • Pundi X (NPXS) – 118%
  • Siacoin (SC) – 96%
  • Filecoin (FIL) – 94%
  • Decentraland (MANA) – 78%
  • Terra (LUNA) – 72%

Holo (HOT)

HOT has been growing quickly over the previous two weeks. On March 15, it reached an all-time excessive value of $0.0095. The excessive was near the three.61 exterior fib retracement of the earlier drop. 

Technical indicators are nonetheless bullish; thus, the upward motion might proceed. If that’s the case, HOT would discover the following closest resistance space at $0.011. That is the 4.61 exterior fib retracement of the identical downward transfer.

Concord (ONE)

ONE has been growing since Feb. 23. As we speak, it reached a brand new all-time excessive value of $0.122. 

Nonetheless, ONE has begun to point out weak spot. Each the RSI & Stochastic oscillator have generated bearish divergence. 

Additionally, ONE is buying and selling near a confluence of Fib resistance ranges. They’re discovered between $0.119-$0.127. 

Subsequently, it’s attainable that ONE reaches a high quickly and begins a corrective construction.

Pundi X (NPXS)

NPXS has been transferring upwards since Feb. 28. It reached a brand new all-time excessive of $0.0052 on March 19. 

Just like HOT, quite a few bearish divergences are creating within the RSI, MACD & Stochastic oscillator.

Nonetheless, the value has already moved above the primary resistance space at $0.0044. Because it has cleared it, it’s anticipated to extend in the direction of the following resistance at $0.0062.

Siacoin (SC)

SC started a big improve this week and is within the course of of making a bullish engulfing candlestick. 

Technical indicators are bullish. The MACD, RSI & Stochastic oscillator are growing. 

The closest resistance space is discovered at $0.028. If SC manages to shut above it, it should discover the following resistance at $0.044. 

Nonetheless, a short-term rejection could be anticipated previous to continuation.

Filecoin (FIL)

FIL has been growing since breaking out from the $52.5 resistance space on March 15. After two days, it reached a excessive of $97.30. It has decreased barely since then however validated the $77 space as assist. 

So long as FIL is buying and selling above this degree, the development is taken into account bullish. 

The subsequent resistance areas are discovered at $110 and $132.

Decentraland (MANA)

MANA has elevated significantly since March 11. On March 14, it reached a brand new all-time excessive value of $0.1249. This was simply above the 4.61 exterior Fib retracement at $1.10. 

Since then, MANA has fallen under this degree and validated it as resistance. 

Attributable to this motion and the bearish divergence within the RSI, MANA might right within the short-term.

If that’s the case, the closest assist space is discovered at $0.72.

Terra (LUNA)

LUNA has been growing since Feb. 28. On March 19, it reached a brand new all-time excessive value of $21.85. 

Nonetheless, it has already reached the 4.61 exterior Fib retracement of the newest drop. 

Subsequently, it’s attainable that it’s going to right within the short-term. The bearish divergence within the RSI additionally helps this.

For BeInCrypto’s newest Bitcoin (BTC) evaluation, click on right here.

Disclaimer


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