As the global crypto market cap crosses $2.10 trillion, the price of Bitcoin has successfully reclaimed the $60,000 mark. This has also resulted in a significant rise in the prices of altcoins.
Nervous Network (CKB)
By defying all the odds, the CKB price has surged 20.86% in the past day and 113.82% over the past week. Moreover, it has surged ~120% during the past month and has a YTD return of 334.62%. Notably, with its recent price pump, it has entered the list of top 100 cryptocurrencies. The EMA 50/200-day has recorded a strong bullish curve in the 1D time frame. Moreover, it displays a high possibility of a Golden cross, suggesting a bullish outlook for the altcoin in the coming time. Maintaining the price above its support level of $0.0151 will set the stage for the Nervous Network price to head toward its resistance level of $0.0205 this month. However, a bearish reversal could pull the CKB price toward its lower support level of $0.010.
Terra (LUNA)
Despite increased price volatility, the Terra price has jumped 5.17% within the past day and 28.70% over the past week. Moreover, with a 30-day surge of ~35%, this altcoin has secured the 158th position with a market capitalization of $296.92 million. The Relative Strength Index (RSI) is on the verge of surpassing the overbought range. This highlights increased bullish action for the LUNA coin price in the crypto market. Further, the average trendline shows a rising pattern, suggesting that the price will continue gaining value. If the market continues gaining momentum, the Terra LUNA 2.0 price will break out of its resistance level of $0.50 and head toward its upper resistance of $0.7315. Conversely, a bearish action could pull the price toward its crucial low of $0.2825.
Celestia (TIA)
The TIA price has followed the market sentiment by adding ~10% to its portfolio within the past day with a trading volume of $125.15 million. Moreover, it has jumped 19.59% over the past week. This has resulted in it maintaining its value above its crucial support level of $3.925. The Moving Average Convergence Divergence (MACD) shows a rising green histogram in the 1D time frame. Further, its average displays a rising pattern, indicating that the TIA price will continue to rise during the upcoming week. If the bullish sentiment intensifies, the Celestia price could retest its resistance trendline of $7.430. On the flip side, if the bears continue dominating the crypto market, it could retest its yearly low of $3.925.
Amid the current market situation, Nervous Network, Terra, and Celestia exhibit significant growth potential. Investors may want to keep an eye on these altcoins in the near future.
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