Top 3 Altcoins Surging This Week Despite Market-Wide Downturn
The cryptocurrency market has been painted red with a strong correction, however, there are still some bright spots with altcoins showing impressive gains. Let's take a look at the top 3 altcoins that surged in the first week of July:
1. MultiversX ($EGLD ): Despite the overall market downturn, EGLD has still gained 15% this week, trading at $33.55. The chart shows that the uptrend could continue if the price stays above $27.
2. MANTRA ($OM ): Up 15.1% to $0.84, OM has attracted attention after completing a $500 million tokenization deal. The MACD indicator shows that an uptrend is in progress.
3. LayerZero ($ZRO ): Standing out with a gain of nearly 57%, ZRO has become the biggest gainer altcoin this week. However, it should be noted that the RSI is currently at a high level, suggesting a potential for correction.