The crypto money market seems to have regained its excitement in the old months, with the leading cryptocurrency Bitcoin (BTC) progressing up to $ 49,000 at the weekend.
Although this rapid recovery in the crypto money industry excites the investors in general, the excitement of the investor mass of the 3 cryptocurrencies seems to be much more than that.
3 Altcoins Run To Record
The one that added to the rise in the last period and broke the all-time record on October 2nd. Terra (LUNA), it can definitely turn all eyes on it this week.
LUNA, which is currently trading at $ 47 and is the 11th largest cryptocurrency, has gained 8% in the last 24 hours. As long as $40 does not lose its support, it can maintain its record.
LUNA The important resistance points for the price seem to be $ 56 and $ 72 according to the Fibo levels. $50 is seen as psychological resistance and all is well until LUNA loses $40.
In second place, trying to reach the all-time record just like LUNA Cosmos (ATOM) exists. Cosmos, the Layer 1 solution, once again broke the $32 resistance that it broke on September 29, which shows that the situation is positive at the moment.
A close above $44.80 is required for the continuation of the bulls’ rally. If things go badly, $28, the 50-day SMA, can be a support.
In third place is the 26th largest cryptocurrency as of now. Tezos (XTZ) is located. XTZ is up 37% in the last 7 days and is currently struggling at the $9 resistance.
If XTZ price can sustain the $8.40 levels, the next target will be $10.
*Coins that have risen recently can be very risky. For this reason, it is very important to invest in a definite strategy, in a partial way and by using stop limit orders, in terms of minimizing the risk.
*Not Investment Advice.