Top 5 profitable currencies of this week๐Ÿš€โœˆ๏ธ๐Ÿ’ฏ

๐Ÿ’ฅ Bitcoin (BTC)

Bitcoin has found support near $50,500 and resistance near $53,000, indicating consolidation in a range channel. This is a positive sign indicating bulls are not in a rush to take profit.

Increasing moving averages and the Relative Strength Index (RSI) nearing the overbought zone indicate bulls are in control. Closing prices above $53,000 could pave the way for a rally to $60,000.

๐Ÿ’ฅEthereum (ETH)

Ethereum has been on a strong uptrend in recent days. Bears attempted to halt the upward movement near $3,000, but shallow corrections indicate bulls are unwilling to surrender and quickly buy Ethereum on any slight dip..

๐Ÿ’ฅUniswap (UNI)

Uniswap surged above the $7.79 resistance on February 23, indicating bulls have taken control.

The long shadow of the February 24 candle suggests aggressive profit-taking near $12.85. This initiated a downtrend, likely supported at the 50% Fibonacci retracement level, meaning $9.91. If the price increases from the current level, bulls will likely try to push the UNI/USDT pair to $11.63 and later to $12.85. Breaking above $12.85 could open the path to $17.

๐Ÿ’ฅFilecoin (FIL)

Bulls have been unable to keep Filecoin's price above the $8.12 resistance in recent days but still maintain control of the trend.

๐Ÿ’ฅThe Graph (GRT)

The digital currency graph crossed the $0.23 resistance on February 18, indicating a resumption of the uptrend.