The crypto money market experienced a major fluctuation this week. Bitcoin reached 107 thousand dollars and directed the markets. However, while some subcoins were left behind, others made big gains. These three Altcoin, which attracted the attention of investors, came to the fore in the market with their rise. So, why did these coins rose and what’s next?
In the first of the list, there is ”GATETOKEN (GT):: Will the rise trend continue?
Gatetoken (GT) rose 23 percent this week to reach $ 25.96, the highest level of all time. Strong Momentum increased investor confidence. Despite possible decreases in the market, GT maintains its solid stance. If this momentum continues, the price can reach new peaks.
However, large profit sales can withdraw the price down. Especially the $ 19.89 level is a critical support point. If GT falls below this level, the rise trend may weaken. For this reason, investors should closely follow the price movements.
Kucoin Token (KCS): Investors took action!
Kucoin Token (KCS) gained 16 percent during the week. Strong rise in the last 72 hours has increased the interest of investor. It is currently traded for $ 13.12. If the resistance of $ 13.74 is broken, the price may rise further.
However, a decrease below $ 12.47 may disrupt the rise trend. In such a scenario, KCS may decline to $ 11.52. Critical levels for investors are now clear. Volatility is expected to continue in the coming days.
Altcoin ”Offıcıal Trump (Trump)” in the third of the list: The biggest winner of the week!
Trump was one of the most talked about subcoins in the breast coin market this week. With an incredible rise of 112 percent, it provided great gains to its investors. Market sensitivity and recent developments placed this coin at the center of the agenda.
Currently, Trump is trying to reclaim $ 30. If it turns into support of $ 34, the price may rise further. However, a decrease below $ 26.09 can withdraw the price up to $ 21.04. In this case, the rise scenario may lose its validity.
Latest situation for Altcoin projects: Will new records come?
This week, some subcoins broke records, while others were under pressure. GT, KCS and Trump came to the fore with their strong performances. However, investors should be careful. Market volatility and big movements can be experienced at any time. Therefore, critical levels should be monitored and decisions should not be taken hurry. New opportunities can emerge at any time in the crypto world!
