In this article, let’s examine the five altcoin projects that have increased the most between March 11 and 18, along with price predictions from analyst Valdrin Tahiri. At the top of the list is Aave (AAVE), where the whales are on the move again.
- Aave (AAVE): 25.45%
- THORChain (RUNE): 21.95%
- The Graph (GRT): 21.71%
- Basic Attention Token (BAT): 20.79%
- Waves (WAVES): 17.94%
5 altcoins that are snow kings of the last 7 days
AAVE has been falling below a descending resistance line since May 18. So far, it has touched $112.4 on Feb. 24. The price has since started a small upward move and appears to be in the process of breaking out of the line. If the upside continues, the next closest resistance is $275. This level has not been exceeded since the beginning of January 2021.
The rune has been rising since February 24. So far it has reached $8.59 on March 17. This equated to an increase of 185% in 21 days. The price has only dropped a little since then. If the downside continues, the closest support areas are at $7.20 and $4.65. The first is the resistance line of the previous ascending parallel channel and will now likely act as support. Second, the middle of the channel and the 0.382 Fib retracement resistance level.
GRT has been falling with a descending resistance line since Feb. He left this line on March 14 and confirmed it as support four days later (green icon below). If the upside continues, the nearest resistance area is at $0.51. If GRT manages to break above that, the pace of price increase can be expected to accelerate.
Similar to GRT, BAT broke out of a descending resistance line on February 28 and confirmed it as support on March 8 (green icon below). It has since been moving upwards, approaching February highs at $0.97. A break above this level will likely accelerate the rate of increase.
WAVES has been following a descending resistance line since hitting its all-time high on May 4. WAVES, which started an upward movement in March, broke out of this line on March 9 and confirmed it as support three days later. The closest area of resistance is $32.60. Clearing this level could possibly lead to an all-time high price.
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