The Defi corner of present day crypto markets remains very busy lately. While extreme volatility is not left out of the picture, many Defi tokens like Flexacoin woke to a new dawn.
In the past 24 hours, however, Bitcoin gained an advantage at the $10,500 level. Strolling past the price area, the top cryptocurrency has found minor support above $10,700. While this strides BTC towards the $11,000 area, ETH is busy clearing the mess at $370.
The journey up the charts is not always easy, many traders would say! As Decentr (DEC) gains popularity within this ecosystem, other altcoins like wNXM and Stafi (FIS) are keeping up good momentum.
1. Wrapped NXM (wNXM 29.1% Gain):
NXM is first on this record with a 24-hour percentage gain around 30%. Stats on Coingecko are altogether bullish for NXM around 90% market optimism. Many traders acknowledge that this is the continuation of a price rally.
The coin is up by around 48% within the past 7 days. Nonetheless, the coin scores 110% gain within the last month as well as 0.1% within the last hour.
wNXM is now changing hands at $58.09 amid 24-hour trading volume that averages $92 million.
Technical Indicator
- Price penetrates the resistance at $55
- The next level of major support lies at $52
- RSI is approaching the overbought condition and may cause a plunge soon.
2. Decentr (DEC 24% Gain):
DEC takes the second spot on today’s list with an impressive 24% gain in the last 24 hours.
The coin’s market attitude is altogether bullish with 98% of market respondents voting for a bullish run as the trading day stretches into maturity.
DEC’s price history is capped on the 60-day higher timeframe with 71.8%. On the 24 hours metric, as we already know, the coin gained over 24% and is also positive in the 1-hour timeframe with around 3% gain.
DEC is currently trading at $0.134 amid a 24-hour market capitalization of $8.2 million. Within several exchanges, more than $2.5 million DEC was exchanged in the last 24 hours.
Technical Points
- Next key resistance level at $0.15
- Immediate level of major support lies at $0.10
- Market bias is generally an uptrend.
3. Stafi (FIS 15% Gain):
Stafi receives the third spot amidst this wave of dominating gainers with a 15% daily profit.
FIS lists this income as a continuation of the bull run experienced within a couple of days now. This, in turn, is initiating a buying pressure within the last 24 hours
FIS is instantly trading at $2.49 around a market capitalization of $14.5 million. The coin’s exchange volume in the last 24 hours is approximately $2.9 million.
Technical Points
FIS broke the resistance at $2.0 to top the level. Ultimately, the coin rose all the way to $2.4 with roughly 20% profit.
Further this level, the more level of key resistance fibs at $0.9 where prices have been examined in the time past.
- Next major resistance $2.5
- Next major support at $1.98
- RSI approaching overbought condition at 70.0
