Altcoins Return to a Pattern of Higher Highs and Higher Lows

The best-performing cryptocurrencies have moved above the moving averages, indicating that they are likely to continue growing.

Altcoins like Canton have broken above and retested the moving average lines, and its price continues to rise.

Canton

The Canton (CC) price is in an uptrend, as it remains above the moving average lines and has retested them to resume its bullish movement. This suggests that the cryptocurrency is beginning an upward trend. The price has reached a high of $0.096. If buyers overcome the resistance at $0.11, the cryptocurrency could rise to a high of $0.15.

Meanwhile, the price has risen steadily, making Canton the top-performing cryptocurrency.

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  The current price: $0.09696

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  Market capitalization: $3,536,442,584.59

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  Trade volume: $387,796,376.92

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  7-day gain: 27.94%

Pippin

The price of Pippin (PIPPIN) is showing a pattern of higher highs and higher lows. The cryptocurrency has reached a high of $0.52 at the time of writing and may rise as high as $0.90. In previous price action, the uptrend was rejected at the $0.70 high. The extended candlestick wicks indicate heavy selling pressure at the recent peak. The price bars are above the moving average lines, suggesting further potential gains. PIPPIN is the second-best-performing cryptocurrency and it has the following features now.

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  The current price: $0.5160

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  Market capitalization: $516,472,259.59

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  Trade volume: $107,930,933.77

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  7-day gain: 23.02%

Audiera

The Audiera (BEAT) price is in an uptrend, forming a series of higher highs and higher lows. In previous market activity, BEAT rose to a high of $4.97 before falling back below the $4.00 level.

Today, the cryptocurrency price has dropped to a low of $2.13, just above the 21-day SMA threshold. The upward trend will continue if the 21-day SMA support holds.

Conversely, selling pressure will increase if the bears break below the 21-day SMA support. At present, the cryptocurrency price remains above the 21-day SMA support. BEAT is the third-most successful altcoin.

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  The current price: $2.27

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  Market Capitalization: $364,815,845.34

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  Trading volume: $364,815,845.34

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  7-Day gain: 20.19% 

Midnight

The Midnight (NIGHT) price is rebounding after the previous uptrend was interrupted at the latest high. On the 21 December rally, the altcoin reached a high of $0.1198 before being rejected. The altcoin retraced and remained above the $0.071 support.

Today, the crypto asset has started to rise again, reaching a high of $0.081. On the upside, NIGHT is expected to return to its previous high of $0.116.

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  The current price is $0.08075.

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  Market capitalization: $1,341,130,250.09

• Trade volume: $1,795,367,532.19

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  7-day gain: 18.46%

Sky

Sky (SKY) has regained bullish momentum, breaking above the moving average lines. The cryptocurrency price has risen to a high of $0.068 as it approaches the $0.070 level. On November 13, the cryptocurrency price reached its peak of $0.070. If buyers break the recent barrier, the altcoin will rise to a high of $0.080. In the meantime, SKY is returning to its earlier peak. SKY is the fifth-highest-performing altcoin. Here are a few of its qualities.

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  The current price: $0.06808

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  Market capitalization: $1,562,132,341.98

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  Trade volume: $21,471,472.9

• 7-day gain: 15.33%

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.