As the price of Bitcoin falls below the $98,000 mark, the price of Ethereum plummeted by about 5% in 24 hours, with a trading volume of $64.92 billion. However, top ETH tokens have overcome all difficulties, maintaining a bullish price trend this week.
BEAM
Despite a trading volume decrease of about 2% in 24 hours to $171.52 million, the price of Beam has increased by approximately 12% over the past 7 days and by 56.36% over the past 30 days. Additionally, with a market cap of $1.61 billion, it has firmly secured the 71st position.
The Relative Strength Index (RSI) continues to hover near the overbought range on the daily timeframe. Additionally, as its SMA indicator consistently supports the Beam price chart, this altcoin may continue to appreciate in the near future.
If the bulls regain momentum, the price of Beam may break through its significant resistance level of $0.036 and move towards the 52-week high of $0.044390. Conversely, bearish actions could pull the price of this altcoin towards its low of $0.0250.
Will the price of Beam reach $1? Read CoinPedia's Beam price prediction to unveil the possible long-term price mystery!
CRV
The price of CRV unexpectedly increased by 7.24% in 24 hours, with a trading volume of $1.13 billion, marking a rise of +76.39%. Furthermore, this altcoin has risen by over 300% in the last 30 days, making it one of the best-performing currencies in the Ethereum ecosystem.
The EMA 50/200 daily lines show a golden cross in the 1D price chart. However, the Moving Average Convergence Divergence (MACD) shows a steadily declining positive histogram. This highlights the ups and downs in the price of Curve Dao this week.
Maintaining bullish price sentiment may lay the groundwork for a retest of the $1.35 mark. On the other hand, if the bears outnumber the bulls, the price of CRV may fall to a lower support level of $0.8650 in the near future.
Want to know if the price of CRV will reach $10? Read our Curve Dao price prediction!
ONDO
Over the past seven days, the price trend of the Ondo cryptocurrency has been neutral. However, this altcoin has surged by about 100% over the last 30 days, securing its position as the 61st largest in the industry with a market cap of $2.21 billion.
The Simple Moving Average (SMA) is about to show a bearish convergence in the Ondo price chart. Additionally, the RSI indicator has also experienced a similar price trend, highlighting the uncertainty of short-term price targets.
If the bulls successfully retest their support level of $1.49, the price of Ondo will be ready to retest its resistance level of $1.80. Conversely, if the bears dominate the market, this altcoin may drop to a low of $1.165.
