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Home»Market»Top Altcoins Up 100% This Month!
Market

Top Altcoins Up 100% This Month!

August 12, 2024No Comments3 Mins Read
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Following the cross-border market correction, the cryptocurrency market added approximately $200 billion to its valuation over the past week, indicating an increase in bullish influence within the crypto space.

Additionally, mid-cap altcoins saw the highest gains during this period, indicating growing investor interest in these altcoins to maximize their profits during the next bullish market rally.

Are you planning to accumulate more altcoins during the current market rally? Dive into this article as we have covered the top 3 altcoins that have the potential to register a massive uptrend in their respective portfolios over the coming weeks.

SAT (1000SAT):

SATS price continued to move in a bullish mood by adding about 10% to its valuation over the past day with a trading volume of $101.46 million, representing a change of +17.96%. Additionally, it jumped 18.35% over the past week and 39.28% over the past month.

SATS Price Analysis
TradingView: SATS/USDT

The technical indicator, MACD, is showing a steady decline in the red histogram, with its averages successfully registering a bullish convergence in the 1D time frame. This highlights an increase in buying over selling pressure in the crypto space.

If the bulls continue to dominate the market, STAS price will gear up to test its upper resistance level of $0.0000004825 in the coming time. However, if the bears regain momentum, this altcoin will plunge towards its low of $0.0000001225 this month.

Ethereum Neiro (NEIRO):

Built on the Ethereum ecosystem, the Ethereum Neiro project is unique in many ways. This has earned it considerable attention from the cryptocurrency industry in a short period of time. On a positive note, it has surged by over 1,700% in the last 13 days.

Notably, with a trading price of $0.2385 and a circulating supply of 1 billion NEIRO tokens, this Ethereum-based altcoin secured the 220th position in the global cryptocurrency list with a market cap of $238.54 million.

Despite a correction of around 4% recorded over the past day, the price of NEIRO has jumped 78.65% over the past seven days and over 1,630% since its inception this year.

Follow (SUI):

SUI price has surged by over 44% in the past week and 17.08% in the past 30 days. Moreover, with a year-to-date (YTD) return of 14.75%, this altcoin has secured the 32nd position with a market cap of $2.318 billion.

UIP Price Analysis
TradingView: SUI/USDT

The Relative Strength Index (RSI) has registered a bearish curve below the overbought zone. On the other hand, the average trendline is showing bullish action, indicating mixed sentiment for SUI price in the cryptocurrency market.

Sustaining the price above its support level of $0.8925 will pave the way for the Sui coin price to test its upper resistance level of $1.460. Conversely, if a bearish trend reversal occurs, the altcoin will plunge towards its crucial support level of $0.6125.



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