5 Altcoins That Lead Crypto Market Gainers

BeInCrypto seems at 5 altcoins that elevated essentially the most from the complete crypto market this week, particularly from Jan. 20 to 27.

These standard altcoins have stolen the crypto information and cryptocurrency market highlight:

  1. Threshold (T) price elevated by 150.28%
  2. Aptos (APT) price elevated by 135.77%
  3. Fantom (FTM) price elevated by 57.41%
  4. eCash (XEC) price elevated by 43.41%
  5. Axie Infinity (AXS) price elevated by 39.67%

Threshold Leads Crypto Market Altcoin Gainers

On Jan. 13, the T value broke out from a descending resistance line. Three days later, it reached a excessive of $0.065. However, it created a protracted higher wick and at present trades at $0.053. 

Therefore, the value failed to interrupt out above the $0.053 space, which has been in place since May 2022. 

If it efficiently breaks out, the following resistance could be at $0.082. On the opposite hand, a rejection might result in a drop towards the 0.5-0.618 Fib retracement assist space at $0.034-$0.040.

T/USDT Daily Chart. Source: TradingView

Aptos Price Reaches New All-Time High

The APT value has elevated by 493% because the starting of the yr. On Jan. 26, it reached a brand new all-time excessive of $20.400. The excessive was made very near the two.61 exterior Fib retracement of the earlier drop (white). The similar day, the value created a bearish capturing star candlestick.

If a downward motion follows, the closest assist space could be at $13.202. On the opposite hand, if the APT value resumes its upward pattern, it might improve to the three.61 exterior Fib retracement at $28.565.

Aptos (APT) Price All-Time High
APT/USDT Daily Chart. Source: TradingView

Fantom Clears Major Resistance

The FTM value has elevated at an accelerated charge since deviating under after which reclaiming the $0.20 horizontal assist space. This value motion was preceded by bullish divergence within the RSI. The indicator has now moved above 50, indicating a bullish pattern.

Currently, the digital asset is within the technique of reaching a weekly shut above the $0.41 resistance. If it does this, it might improve to the following resistance at $1.10.

On the opposite hand, a weekly shut under $0.41 might result in a retest of the $0.20 assist space.

Fantom (FTM) Altcoin Price Movement
FTM/USDT Weekly Chart. Source: TradingView

Axie Infinity Clear Major Resistance

The AXS value broke out from a descending resistance line on Jan. 6. It has been growing since, and on Jan. 22 it moved above the $10 horizontal resistance space. The space is now anticipated to supply assist.

Despite the breakout, the crypto asset did not clear the 0.618 Fib retracement resistance degree at $14.29. If it efficiently strikes above the $14.29 resistance space, the AXS value might improve to $20.65. On the opposite hand, failure to take action would doubtless result in a retest of the $10 assist space.

Axie Infinity (AXS) Breakout
AXS/USDT Daily Chart. Source: TradingView

eCash Altcoin Struggles With Resistance

Similarly to APT and AXS, the eCash value additionally broke out from a descending resistance line on Jan. 23. The upward motion has continued since, and the XEC value reached a excessive of $0.000045 three days later.

However, the value failed to interrupt out from the $0.000045 resistance space and created a protracted higher wick. A profitable breakout might take the XEC value to $0.000060, whereas a rejection might trigger a drop to $0.000030.

XEC/BUSD Daily Chart. Source: TradingView

For BeInCrypto’s newest crypto market evaluation, click here.


BeInCrypto strives to supply correct and up-to-date data, but it surely won’t be liable for any lacking details or inaccurate data. You comply and perceive that you must use any of this data at your individual threat. Cryptocurrencies are extremely risky monetary belongings, so analysis and make your individual monetary selections.


Recommended For You

About the Author: Daniel