- Few cryptocurrencies have managed to be the gainers over the week.
- AKT crypto has emerged as an outperformer among the top 10 gainers.
Cryptocurrencies have been an emerging asset and investment option in recent years. Following a larger engagement of traders and investors in the crypto market, multiple cryptocurrencies outperform each week.
Today, we will look at the past week’s performers and discuss why they can continue to be on the list of performers in the upcoming week.
In the last seven days, the AKT crypto price has advanced by 22.8%, becoming the top performer on the list, while the one with the least gains on the list is Avalanche, which is sustained in green with a gain of 8.8%.
1. Kaspa
The KAS crypto price has been trading in a strong bullish momentum over the last few days, following the recent swing low in the crypto price, which has advanced by 35%.
KAS/USD Chart by TradingView
The Kaspa price has also witnessed a good surge in the trading volume, followed by a larger number of traders and investors engaging in crypto. This led to a smooth drive of prices to the higher levels.
2. Akash Network
Despite declining to significant lows, the price of the AKT crypto has started to gain from the lower levels.
The crypto price has advanced by 32% following the last few days, breaking above the swing highs on the lower timeframes.
The following behavior of the crypto price shows a gaining momentum for the short term.
AKT/USD Chart by TradingView
At press time, the AKT crypto price is up by 2000% from its all-time low price of $0.1672, achieved two years ago.
3. AAVE
Following the consistent advance over the last few days in the trading price of AAVE crypto, the price has reached crucial breakout levels.
AAVE/USD Chart by TradingView
The crypto market cap has advanced to $1.415B in the last five days. This further has resulted in a market cap ranking of #60 per CoinMarketCap. Additionally, the market presence of the crypto is outstanding, resulting in a market cap dominance of 0.06%.
4. dogwifhat
Although the WIF crypto price has declined below the symmetric triangle pattern, it has been witnessing buying over the last week.
WIF/USD Chart by TradingView
If the price continues to push to higher levels, we might see a breakout above the crucial character change to bullish levels.
The price volatility of crypto further is extremely high, which might lead to uncertain future moves.
5. BRETT
Brett crypto has been following very strong momentum, which has led the crypto price to certain highs. Additionally, the rise has been followed by a good amount of volume, helping the price sustain higher levels.
BRETT/USD Chart by TradingView on
The overall price action of the crypto is bullish, and the scenarios at press time further indicate a higher possibility of a surge in the crypto price to higher levels in the upcoming days.
6. Conflux
A strong bearish structure on the chart of the CFX crypto can be seen while the crypto price has been gaining over the last few days.
CFX/USD Chart by TradingView on
As the price of the Conflux crypto has witnessed a gain over the last few days, this could result from profit booking in the crypto shorts.
Despite this, there can also be optimism among traders, and the crypto price is still up by 655% from its all-time low. Additionally, CFX is one of the top 100 cryptocurrencies in the global crypto market.
7. BONK
BONK is a meme coin that looks ready to outperform one of the well-known assets in the crypto market in the upcoming days.
It has excellent liquidity of 9.35% as of its market cap, and the price of the crypto is trading 24,600% above its all-time low price, achieved just a year ago.
BONK/USD Chart by TradingView
The price of the Bonk crypto looks very strong on the charts as it has broken out above crucial levels and has formed strong bullish candles at the critical support level.
8. Avalanche
AVAX is the 11th largest cryptocurrency in the global crypto market, with a market cap value of $10.964B.
It has 55% of its maximum supply circulating in the market, followed by its maximum supply of 715.748M AVAX.
AVAX/USD Chart by TradingView
The price of the AVAX crypto is trading at certain lower levels, and there has been a huge surge in the last few days.
If the crypto price retains its breakdown level, leading to a liquidity grab, a strong surge in the price might be seen in the future.
9. Injective
The top 10 holders of the Injective crypto control 87.62% of the supply, and the number of active crypto addresses is 42K.
It is also the 60th largest cryptocurrency in the global crypto market and has a very strong market presence.
INJ/USD Chart by TradingView
INJ crypto price has gained support at crucial levels and formed bullish patterns in the same area. This brings optimism to the crypto price as this is a symptom of a reversal in the crypto bullish trend.
10. Polkadot
The market cap dominance of the Polkadot is 0.26%, which shows a good market presence. Additionally, the crypto price volatility is certainly high, resulting in 8.26%, which might lead to uncertain spikes.
DOT/USD Chart by TradingView
Although the crypto price is below significant consolidation, the price has been gaining buyers over the last few days. This has led to an advance of 15% in the trading price from its most recent swing low.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
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