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HomeCrypto NewsExclusive Magnificent Seven: AXS, TEL, SUSHI, OKB, DASH, FTT, LUNA — Biggest...

Exclusive Magnificent Seven: AXS, TEL, SUSHI, OKB, DASH, FTT, LUNA — Biggest Gainers July 16-23


BeInCrypto takes a take a look at the seven altcoins that elevated essentially the most over the previous seven days, from July 16 to July 23.

These altcoins are:

  1. Axie Infinity (AXS) – 28.49%
  2. Telcoin (TEL) – 26.59%
  3. SushiSwap (SUSHI) – 26.18%
  4. OKB (OKB) – 19.30%
  5. Dash (DASH) – 18.40%
  6. FTX Token (FTT) – 16.51%
  7. Terra (LUNA) – 12.34%

AXS

AXS has been shifting upwards since July 20, after reaching a low of $14.10. Within the span of three days, it has elevated by 125%, resulting in a brand new all-time excessive worth of $31.94 on July 23. 

AXS continues to be shifting upwards and has up to now proven no indicators of weak spot. The MACD and RSI are each rising.

The following resistance space is discovered at $38.42. That is the 1.61 exterior Fib retracement stage.

AXS ATH
AXS Chart By TradingView

TEL

On Could 19, TEL fell to a low of $0.0095. After a bounce and correction, it returned to the identical stage on July 20. 

This successfully created a double backside sample and TEL has been shifting upwards since. Technical indicators are offering some bullish indicators, such because the potential bullish cross within the Stochastic oscillator. 

TEL can also be following a descending resistance line. If a breakout happens, the closest resistance stage could be discovered at $0.03.

TEL resistance
TEL Chart By TradingView

SUSHI

SUSHI had been following a descending resistance line starting on Could 20. 

It broke out on June 27, and proceeded to achieve a excessive of $9.72 on July 7. Nonetheless, it was rejected by the $9.50 space and commenced a downward transfer. 

This brought on a drop to the $6.20 space which has been validated 4 occasions since Could 19.

At present, SUSHI is buying and selling inside a variety between $6.20 and $9.50. A breakout above the latter may trigger a pointy improve.

SUSHI range
SUSHI Chart By TradingView

OKB

OKB has been rising since June 22. On July 20, it created its first larger low and resumes its upward transfer at an accelerated charge. 

It’s following an ascending resistance line and has touched it for the third time (crimson icon). Along with this, the road coincides with the 0.5 Fib retracement resistance stage at $13.75. 

A breakout above the road may set off a pointy upward transfer towards the vary highs at $19. The MACD and RSI are each bullish, supporting the continuation of the upward motion.

OKB resistance
OKB Chart By TradingView

DASH

DASH had been following a descending resistance line since Could 20. On July 19, it broke out above the road and validated it as help the following day. 

It has been shifting upwards since.

The primary resistance space is discovered at $190. That is the 0.618 Fib retracement resistance stage.

DASH breakout
DASH Chart By TradingView

FTT

FTT has been following a descending resistance line since Could 27. Whereas below the resistance, it has reached a low of $21.83 on June 26. 

FTT has been shifting upwards since, making one other try at breaking out from the descending resistance line. 

If profitable, FTT would seemingly transfer towards the $37 resistance space. 

The MACD and RSI are each bullish.

FTT Resistance
FTT Chart By TradingView

LUNA

LUNA has been rising alongside an ascending help line since Could 23. It created its second larger low on July 20.

The MACD and RSI are each rising, supporting the continuation of the upward motion. 

The closest resistances are discovered at $10 and $11.83. These are the respective 0.382 and 0.5 Fib retracement resistance ranges. The latter can also be a horizontal resistance space.

LUNA support
LUNA Chart By TradingView

For BeInCrypto’s newest bitcoin (BTC) evaluation, click here.

Disclaimer

All the data contained on our web site is printed in good religion and for normal data functions solely. Any motion the reader takes upon the data discovered on our web site is strictly at their very own threat.



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