The cryptocurrency market seems to have somehow transcended the bearish influence as star cryptocurrency Bitcoin and other major altcoins have been making significant moves. While the top ten altcoins have been making decent gains, three of them have been showing very strong gains. These three altcoins are Band Protocol (BAND), Stratis (STRAX), and WazirX (WRX), which have seen gains of 35% to 40% in the past 24 hours.

Band Protocol (BAND) is a protocol used for wireless communications.

Band Protocol’s price broke out of the downward trend it had been trading in since the beginning of the year.

With a recent one-day gain of over 100%, it looks like the coin is on an extremely bullish run and this is expected to continue for a long time.

According to the DMI indicator, it is currently in a bullish state as the ADX has triggered an upside rally and the +DI line has crossed above the -DI line, indicating a good upward momentum.

Although BAND price may temporarily pull back, a rebound from the $1.35 support level could trigger a reversal and reach the higher targets mentioned above.

Stratis is a digital currency that can also be called STRAX.

STRAX price has been trading in an extremely bearish scenario for over a year now, ever since it was unable to break above a significant resistance area.

Since the beginning of the year, the price has been unable to break above $0.844 until the latest increase.

The price got rejected just below the $1.3 resistance area while the trend continues to remain high.

Since the RSI has reached overbought levels, a slight pullback could pull the price down to just below $1, followed by a bullish rebound above these levels.

Wazir X (WRX)

WazirX’s token has fallen sharply after a small rise at the beginning of the year. But the recent rise seems to have broken through a key resistance zone, with the price surging between $0.1166 and $0.1192 and reaching a mid-term high of $1.368. Although the price may temporarily pull back, a reversal seems imminent due to its stable resistance-turned-support area. Moreover, the supertrend is closer to triggering a bullish signal with a large influx of buying, indicating that the uptrend will continue for a long time.

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