- Top 5 cryptocurrencies of the week, BNB, XRP, DOGE, DOT, and AVAX.
- Binance is strongly signaling the buy trends.
Since the year starts, the whole cryptocurrency market has faced highs and lows and lost multi-billions. Still, crypto enthusiasts have hopes and trying to make the market steady, as a result of this after 3 months of a downtrend the crypto market seeing green lights on the chart.
Top Coins That Recovering From Market Downtrend
Binance is the largest exchange globally by daily trading volume and its native token BNB faced a downtrend as a market unstable condition but now the market signaling ups as a result of this BNB moving to buy trend, moving average of BNB is above 50 MA.
At the time of writing, BNB traded at $261.07 with a trading volume of $1,186,461,490. BNB is up 2.46% in the last 24 hours with a market cap of $42,626,160,083.
Ripple is the cryptocurrency exchange that filed a lawsuit against SEC still it has not lost its users and hope, as a result of this XRP chart shows greens and signaling an uptrend. XRP traded at $0.3635 with a trading volume of $1,344,210,129, XRP is up over 1.50% in the last 24 hours and it has market cap of $17,666,824,285.
Doge is the first meme coin and Elon Musk Favorite coin, as market volatility, the meme coin lost 90% of its value, again the meme coin gained investors’ attention. Dogecoin (DOGE) traded at $0.06330 and 2.47% up in the last 24 hours. DOGE has a trading volume of $334,432,960 and a market cap of $8,786,280,141at the time of writing.
Polkadot is an open-source sharded multichain protocol that integrates and secures a network of specialized blockchains. Its native toke DOT gradually started increasing from last week’s downs. Polkadot’s price is $7.51 with a 24-hour trading volume of $432,823,542 and DOT is up 5.74% in the last 24 hours with a market cap of $7,439,369,772.
Avalanche is a layer one blockchain and it serves as a foundation for decentralized applications and private blockchain networks. Since 14 July Its native token AVAX started signaling greens and buy trends.
At the time of writing, Avalanche (AVAX) traded at $23.74 with a trading volume of $719,628,706. AVAX is up 10.39% in the last 24 hours and had a market cap of $6,737,696,976.
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