Ethereum

bullish

Injective

Ethereum Name Service

Ethena

<p>The post <a href="https://coinpedia.org/price-analysis/top-3-altcoins-to-stack-immediately-for-100-upside/" rel="noopener noreferrer nofollow">Top 3 Altcoins To Stack Immediately For 100% Upside!</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>With the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">BTC price</a> hovering close to its $59,000 mark, the crypto market has displayed stability in the buying and selling pressure. This indicates a high possibility of a bullish rebound in the coming time.</p>
<p>Further, despite top crypto tokens stumbling close to their support levels, mid-cap and low-cap cryptocurrencies have successfully regained momentum by adding massive value to their respective portfolios over the past few days.</p>
<p>In this article, we have covered the market sentiments, price analysis, and possible short-term price action of the top 3 mid-cap altcoins that have the potential to record a surge of up to 100% during the upcoming weeks.</p>
<h2 class="wp-block-heading" id="h-ethereum-name-service-ens-price-analysis">Ethereum Name Service (ENS) Price Analysis:</h2>
<p>The ENS price has continued displaying a mixed sentiment by recording a constant pump-and-dump in its valuation. However, in the long-term perspective, it has surged 89.47% this year and has a market cap of $639.79 Million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeMimROCHAUj8y1U9f3cKm1macs2goFmt61p1GA05ppxASvpzjfxTmWQBIijpnA8ZSPxY2_UuWD8IAjKF-mA_g_a3znFXx9kYBkCU3EyEguJBhSwVcijmzu0LUORLJUAbnUVxtJoZn4EsOvBXczhMe8S94?key=lIIWP_xaWmJFcfIp7HaqMw" alt="Ethereum Name Service Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ENS/USDT
 </figcaption>
</figure>
<p>The Simple Moving Average (SMA) has recorded a positive curve in the 1D time frame, suggesting increased price action in the crypto space. Moreover, the MACD displays a constant decline in the red histogram, suggesting a bullish outlook for the Ethereum Name Service price this week.</p>
<p>Maintaining the price above the support level of $20.50 will set the stage for the ENS price to head toward its upper high of $24.60 during the upcoming weeks. Negatively, if the bullish sentiment fades, this could result in it retesting its support of $16.50.</p>
<h2 class="wp-block-heading" id="h-injective-inj-price-analysis">Injective (INJ) Price Analysis:</h2>
<p>Despite recording a correction of approximately 2% within the past 24 hours, the <a href="https://coinpedia.org/price-prediction/injective-inj-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Injective price</a> has jumped 15.89% over the past week. Moreover, with a circulating supply of 97,622,753 INJ tokens, it has secured the 45th position with a market cap of $1.816 Billion.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeje84vGoCJ2Oek_3k4lt1eOVPhhyhOJ1yMwTlWkcpr6mVO6fHX9Pv0S3VcF5DKsYIrHaXVfXVKgl3RpwVARpUYsKytDZfZJfJzIWfKhxhAXdqv1Gcca2pdOkOq92Bb6dFCgsMDeXdJSuePYZ5Jd6Gtbb9O?key=lIIWP_xaWmJFcfIp7HaqMw" alt="Injective Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: INJ/USDT
 </figcaption>
</figure>
<p>The Relative Strength Index (RSI) had successfully retested its oversold range and displayed a sharp rise toward the neutral point. However, since then it has been recording a weak price action. On the other hand, the EMA 50/200-day shows a bearish action, suggesting uncertainty in future action.</p>
<p>Suppose, the bulls regain momentum, in that case, the <a href="https://markets.coinpedia.org/injective/" target="_blank" rel="noopener noreferrer nofollow">INJ price</a> will prepare to test its resistance of $21.35. Conversely, a trend reversal could pull the price toward its low of $15 this month.</p>
<h2 class="wp-block-heading" id="h-ethena-ena-price-analysis">Ethena (ENA) Price Analysis:</h2>
<p>Despite recording a bullish start, this altcoin has recorded a strong bearish action over the past month by losing approximately 21%. Moreover, the <a href="https://coinpedia.org/price-prediction/ethena-ena-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Ethena price</a> has recorded a new ATL of $0.2278 during this bear market correction. Notably, it is presently trading at a discount of 79.13% from its previous ATH.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdSv4_vT9xhKe6T3u7PPpgBGZJQB5c-gZu73sACMglF5vki4VWbJa_S0ewVcsviudm-IOEmmlR_Z8dGaVvYqzufwPRWRKU2Rf-CprsSK6rL5vmpU2pz0n80O_na3dsYgBVvYSMbZ-HxMKQy1GJ_k3JUkLs?key=lIIWP_xaWmJFcfIp7HaqMw" alt="Ethena Price Analysis">
 <figcaption class="wp-element-caption">
  TradingView: ENA/USDT
 </figcaption>
</figure>
<p>The technical indicator, MACD, displays a minor rise in the green histogram in the 1D time frame. Further, the averages show a bullish convergence, highlighting increased price action for the altcoin in the crypto space.</p>
<p>If the market breaks its resistance trendline, the <a href="https://markets.coinpedia.org/ethena/" target="_blank" rel="noopener noreferrer nofollow">ENA price</a> will head toward its upper resistance level of $0.60 in the coming time. However, in case of a pullback, the Ethena price will retest its crucial support level of $0.225.</p>

Top 3 Altcoins To Stack Immediately For 100% Upside!

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