Today, Defi coins excelled gallantly. As our top gainers’ list features newcomers like UMA and COMP, we also noticed great traction coming from relatively more controversial cryptos like TRX.
Bitcoin still battles with the $10,200 resistance as $12,000 remains unshakable. Although the top cryptocurrency revived little gains since yesterday, its market traction remains insignificant and immeasurably less notable to many altcoins.
#1. UMA (UMA 13% Gain):
UMA endured to rise up the charts and ranks over the past few days. Now conveniently trending above the $16 price level, the crypto is now ranked 22nd by market capitalization according to Coingecko.
UMA maintains about 78% market positiveness and as its market cap touches $1.2 billion. In the meanwhile, the coin gained almost 13% in 24 hours as its exchange volume strides towards $100 million approximately.
Technical Points
- Price breaks key resistance at $18
- The next key resistance lies at $16.0
- Next level of support seems minor at $17.2
#2. TRON (TRX 12% Gain):
Tron blockchain’s native crypto, TRX spots the limelight for an additional time since the onset of the alt season. As the top crypto makes waves towards higher heights, it gains roughly 12% in the past 24 hours.
TRX’s market feeling is conveniently bullish with roughly 75% market optimism, according to stats on Coingecko.
Within the past 24 hours, TRX experienced two major price swings, altogether striding it towards greater optimism. Major support is established at $0.029 but prices are now playing around the $0.034 level.
Technical Points
- Next key support at $0.029
- Next resistance level at $0.040
#3. Compound (COMP 10% Gain):
COMP attains the next spot on this list with approximately 10% 24-hour gain.
Although with alternate ups and downs, we see COMP thriving against its USD pair steadily. Finally, the 32nd crypto by market capitalization was able to stick the landing at $179.5 as the bulls charge upwards for further profits.
Market belief remains bullish as roughly 80% believe there is more bullish move inbound.
Technical Points
- Prices broke major resistance at $175
- Next key support level lies at $175
- Next major resistance waits at $180
