After testing Bitcoin prices at $69,500, the market shifted downwards, stalling the rise of many altcoins. However, APE, ATOM, and MEW Coin showed resilience among the top 100 cryptocurrencies. What do current price forecasts indicate and what should traders expect?
APE Coin Analysis
The introduction of its own layer 3 network led to a price increase of over 103% in the past week, with APE maintaining a significant portion of its gains. This success is attributed to increased liquidity within the network. APE stands out with a trading volume of $1.3 billion among the top 100 cryptocurrencies, maintaining a price around $1.58.
ATOM Coin Predictions
Following a 186-day decline, the price increased by 37% over 44 days, retesting resistance at $5.25. Currently at $4.89, if it surpasses this resistance in the coming weeks, we could see a test of $5.83.
MEW Coin Forecast
Since its listing, MEW Coin surged 281% in 151 days. Recently, this meme coin reached an all-time high of $0.010527. In the event of a pullback, we may see accelerated selling below a closure of $0.008424.
In light of current market trends, APE, ATOM, and MEW Coin are demonstrating resilience even as the broader market declines, offering traders opportunities for analysis and forecasting.