BTC has managed to maintain its place on the list of trending coins since last week. The 'king' of cryptocurrencies topped the list last week and remains the only carryover to this week's trends. Let's take a closer look at each of the coins that made headlines this week.
$BTC Main offset: bullish
In the last 24 hours, BTC has shown a noticeable price increase, rising by 1.52% and gaining 4.36% over the last seven days. The company's market capitalization is $2.36 trillion, with a trading volume of $61.88B.
On the daily chart, the price is approaching a key resistance level. The last candle is green, positioned just above the middle band of the Bollinger Bands (BB) indicator.
The BB itself has transitioned to a sideways pattern after a recent bounce from the $114,000 support level. Meanwhile, the lines of the stochastic relative strength index (SRSI) are still rising toward the overbought area. Technical data suggests that the market is preparing for a breakout at the $123,000 level.
Current price: $121,641
Market capitalization: $2.36 trillion
Trading volume: $61.88B
Profit for 7 days: +4.36%
#prove Main offset: bullish
Despite PROVE ranking second this week, it has recorded the largest price increase among trending coins. It has grown by 36.29% in the last 24 hours and by 62.21% in the last seven days, with a market capitalization of $287.44M and a trading volume of $1.1B.
Since PROVE was launched only recently, the price action is analyzed on a 4-hour chart. The last two sessions have been bearish, but the token remains near the upper Bollinger Band. The last candle is red, dipping slightly below the upper band, while the SRSI lines tend toward the 70 mark, hinting at a short-term bearish momentum. However, traders may expect a rebound to the $1.48 level.
Current price: $1.447
Market capitalization: $287.44M
Trading volume: $1.1 billion
Profit for 7 days: +62.21%
$SOL Main offset: bullish
After PROVE, Solana ranks third on this week's trending list. SOL has increased by 0.89% in the last 24 hours and by 12.35% over the past week, with a market cap of $98.07B and trading volume of $6.66B.
The price has risen above $180, overcoming recent resistance. The last candle is significantly above the BB middle line, while the bands are moving sideways after bouncing from the $155 support. The SRSI tends to rise to the 80 level, signaling a continuing bullish momentum. A push towards $190 seems quite achievable.
Current price: $183.72
Market capitalization: $98.07B
Trading volume: $6.66B
Profit for 7 days: +12.35%
#WOO Main offset: bullish
WOO, a recently launched coin, has gained traction despite a slight decrease of 0.62% in the last 24 hours. Over the past week, it has risen by 18.62%, with a market capitalization of $154.10M and trading volume of $9.84M.
On the daily chart, the price remains above the BB middle line, with the bands narrowing. The red candle of the current session indicates moderate selling pressure. The SRSI lines are converging in the oversold area but have not yet crossed. This configuration leaves room for a rebound to the $0.0900 level.
Current price: $0.08089
Market capitalization: $154.10M
Trading volume: $9.84M
Profit for 7 days: +18.62%
$XRP Main offset: bullish
XRP has remained above the $3 mark following a favorable resolution in the SEC case. It ranks fifth among the trending coins this week, despite a 2.43% drop in the last 24 hours. Over the past seven days, it has gained 10.33%. The token's market capitalization is $189.52B, and the trading volume is $6.10B.
The last three sessions show that XRP is approaching the level of technical support. The last candle is slightly bearish, but still positioned above the BB middle line. The bands have narrowed, hinting at a potential bullish breakout. The SRSI lines are converging for a crossover, which, if supported by a bounce from the BB middle line, could lead to a move towards $3.50.
Current price: $3.24
Market capitalization: $189.52B
Trading volume: $6.10B
Profit for 7 days: +10.33%
