cryptocoin.com We took a look at the seven top-selling altcoin projects during the 5-12 November period, along with analysis by crypto analyst Valdrin Tahiri. Four of them hit new all-time highs for the week.
Altcoin projects of the last week
Looping (LRC)
The LRC has been increasing rapidly since Nov. It increased by 263% in just six days. This led to an all-time high (ATH) of $3.85 on Nov. 10.
Kadena (KDA)
KDA has been increasing at an accelerated rate since September 29. In a 43-day period, it was up 1.952%. This led to its ATH of $28.30 on Nov. 10.
Cartesi (CTSI)
CTSI has been moving upwards since Sept. 22 and has gained 50.05% in the last 7 days. The up move led to a breakout from the $0.96 area on Nov. 10 and the next day, CTSI reached $1.73. However, the token failed to reach ATH and missed the target by $0.02.
Helium (HNT)
HNT has been rising since exiting an ascending parallel channel (green icon) on Nov. The increase resulted in an ATH of $59.27 on Nov. 7. However, the analyst states that the token created a long upper wick on the same day and has been moving downwards since then.
Verge (XVG)
XVG has been rising since Sept. 28 and is up 37.57% in the last 7 days to reach $0.037 on Nov. 12. However, it was rejected by a horizontal resistance area that has been in effect since May.
Mina (MINA)
On November 12, MINA reached its ATH of $6.68. However, it formed a long upper wick on the same day and fell back, effectively creating a double top that is considered a bearish reversal pattern.
Litecoin (LTC)
LTC has been moving upwards at an accelerated rate since November 7th. The altcoin is up 29.18% in the last 7 days. The analyst notes that the next day, it broke above the $230 horizontal resistance area, reaching a new high of $295.7 on Nov. 10.
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