{"id":24474,"date":"2023-05-23T05:53:23","date_gmt":"2023-05-23T09:53:23","guid":{"rendered":"https:\/\/cryptocornercafe.com\/cafe\/?p=24474"},"modified":"2023-05-23T05:53:23","modified_gmt":"2023-05-23T09:53:23","slug":"these-top-5-cryptos-are-seen-making-big-moves-this-week","status":"publish","type":"post","link":"http:\/\/cryptocornercafe.com\/cafe\/2023\/05\/23\/these-top-5-cryptos-are-seen-making-big-moves-this-week\/","title":{"rendered":"These Top 5 Cryptos Are Seen Making Big Moves This Week"},"content":{"rendered":"

The top 5 cryptos are treading cautiously as Bitcoin enters its narrowest trading range, reminiscent of July 2020 prices, according to Glassnode<\/a>. Consolidating within its tightest seven-day range in three years, Bitcoin\u2019s movement indicates an imminent significant shift in the days ahead.<\/p>\n

Amidst the cautious sentiment in the broader financial market following a recent debt ceiling meeting, which has prompted bearishness<\/a>, there is a possibility that the bearish trend affecting Bitcoin could extend to the crypto market in the medium to long term. However, these top 5 cryptos hold the potential to shield against significant downside risks and offer investors profitable returns once bullish sentiment returns to the markets.<\/p>\n

Top 5 Cryptos Expected To Make Big Moves In Coming Days<\/strong><\/h2>\n

KAVA<\/strong><\/p>\n

With the successful launch<\/a> of the ecosystem\u2019s Kava 13 mainnet, its governance token KAVA made some impressive stats. According to CoinGecko<\/a>, the token is up 50% in the past two weeks. The increased utility and scalability of the newly launched mainnet will surely contribute to KAVA\u2019s future performance.\u00a0<\/p>\n

SUCCESSFUL LAUNCH: #KAVA<\/a> 13 Mainnet is LIVE pic.twitter.com\/wU3peIIMe7<\/a><\/p>\n

\u2014 Kava (@KAVA_CHAIN) May 18, 2023<\/a><\/p>\n

At the moment, the token\u2019s $0.8465 support level holds the key toward a bigger upside. The current price movement of the token suggests a drop in value might occur in the coming days. Defending this price point will be crucial to target $1.4 resistance in the coming days.\u00a0<\/p>\n

SNX<\/strong>\u00a0<\/p>\n

Powering synthetic assets on the blockchain, Synthetix\u2019s governance token SNX continues to go against the market\u2019s current movement. As of writing, the token is up<\/a> an impressive 15% in a market where major cryptocurrencies lost value. Lyra<\/a>, a new options market maker on the block, will also integrate Synthetix perpetuals in its Newport upgrade which will bring more attention to Synthetix.\u00a0<\/p>\n

For investors, holding $2.334 will be important for future price actions. However, SNX\u2019s correlation with Bitcoin might pose a problem in the short term. Despite this, $2.334 should be able to hold against any bearishness in the medium to long term.<\/p>\n

TRX<\/strong><\/p>\n

The recent conclusion of Tron\u2019s HackaTron Season 4 produced winners that will help develop DeFi and crypto as a whole. It gave TRX a boost away from the market\u2019s current slippage. Coingecko data reveals<\/a> that the token\u2019s value has increased by 11% since last week.\u00a0<\/p>\n

The token\u2019s current trajectory places it as a prime target for the bears. After nearly a month of continuous gains, investors should be ready for a drop toward $0.06544 in the short term. Despite this, the bulls should be able to target $0.08092 in the long term once the market cools down its bearishness.\u00a0<\/p>\n

Thrilled to announce our official integration with @Port3Network<\/a> \u2018s SoQuest platform !<\/p>\n

Now, you can utilize SoQuest to earn valuable rewards , craft your unique on-chain identities , and explore so much more!<\/p>\n

Buckle up for this exhilarating blockchain journey! https:\/\/t.co\/l07MVJtaVz<\/a><\/p>\n

\u2014 Conflux Network Official (@Conflux_Network) May 17, 2023<\/a><\/p>\n

CFX<\/strong><\/p>\n

Conflux has been able to keep building despite the market conditions present with multiple integrations<\/a> on other networks. These developments positively affected CFX\u2019s price, with the token up<\/a> nearly 30% in the past two weeks, making it one of the biggest gainers in the market.\u00a0<\/p>\n

As of writing, bulls are trying to recover $0.3128. A return on this level will provide a solid support level for CFX to settle above $0.4215 in the coming days or months. However, investors and traders should monitor Bitcoin\u2019s future price movements as the two assets are historically correlated with each other.<\/p>\n\n

LTC\u2019s Hashrate is a prime metric and plays a crucial role in the strength and security of the Litecoin network.<\/p>\n

The future is bright #Litecoin<\/a> pic.twitter.com\/9Gff8Iqk6K<\/a><\/p>\n

\u2014 Litecoin (@litecoin) May 22, 2023<\/a><\/p>\n

LTC<\/strong><\/p>\n

Being the oldest crypto on the list, Litecoin holds itself higher than the others listed. Boasting<\/a> a very high hashrate, this coin proves<\/a> to be a reliable way to transact in everyday life. Due to these factors, LTC is up nearly 17% since last week.\u00a0<\/p>\n

Bitcoin\u2019s movement toward a tight trading range is affecting LTC\u2019s future performance. At the moment, the asset is holding above $89.32 which can open the path towards higher gains. For the long term, investors and traders should be able to target $100 to secure a bigger upside.\u00a0<\/p>\n

-Featured image from Futurist Speaker<\/em><\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

The top 5 cryptos are treading cautiously as Bitcoin enters its narrowest trading range, reminiscent of July 2020 prices, according to Glassnode<\/a>. Consolidating within its tightest seven-day range in three years, Bitcoin\u2019s movement indicates an imminent significant shift in the days ahead.<\/p>\n

Amidst the cautious sentiment in the broader financial market following a recent debt ceiling meeting, which has prompted bearishness<\/a>, there is a possibility that the bearish trend affecting Bitcoin could extend to the crypto market in the medium to long term. However, these top 5 cryptos hold the potential to shield against significant downside risks and offer investors profitable returns once bullish sentiment returns to the markets.<\/p>\n

Top 5 Cryptos Expected To Make Big Moves In Coming Days<\/strong><\/h2>\n

KAVA<\/strong><\/p>\n

With the successful launch<\/a> of the ecosystem\u2019s Kava 13 mainnet, its governance token KAVA made some impressive stats. According to CoinGecko<\/a>, the token is up 50% in the past two weeks. The increased utility and scalability of the newly launched mainnet will surely contribute to KAVA\u2019s future performance.\u00a0<\/p>\n

SUCCESSFUL LAUNCH: #KAVA<\/a> 13 Mainnet is LIVE pic.twitter.com\/wU3peIIMe7<\/a><\/p>\n

\u2014 Kava (@KAVA_CHAIN) May 18, 2023<\/a><\/p>\n

At the moment, the token\u2019s $0.8465 support level holds the key toward a bigger upside. The current price movement of the token suggests a drop in value might occur in the coming days. Defending this price point will be crucial to target $1.4 resistance in the coming days.\u00a0<\/p>\n

SNX<\/strong>\u00a0<\/p>\n

Powering synthetic assets on the blockchain, Synthetix\u2019s governance token SNX continues to go against the market\u2019s current movement. As of writing, the token is up<\/a> an impressive 15% in a market where major cryptocurrencies lost value. Lyra<\/a>, a new options market maker on the block, will also integrate Synthetix perpetuals in its Newport upgrade which will bring more attention to Synthetix.\u00a0<\/p>\n

For investors, holding $2.334 will be important for future price actions. However, SNX\u2019s correlation with Bitcoin might pose a problem in the short term. Despite this, $2.334 should be able to hold against any bearishness in the medium to long term.<\/p>\n

TRX<\/strong><\/p>\n

The recent conclusion of Tron\u2019s HackaTron Season 4 produced winners that will help develop DeFi and crypto as a whole. It gave TRX a boost away from the market\u2019s current slippage. Coingecko data reveals<\/a> that the token\u2019s value has increased by 11% since last week.\u00a0<\/p>\n

The token\u2019s current trajectory places it as a prime target for the bears. After nearly a month of continuous gains, investors should be ready for a drop toward $0.06544 in the short term. Despite this, the bulls should be able to target $0.08092 in the long term once the market cools down its bearishness.\u00a0<\/p>\n

Thrilled to announce our official integration with @Port3Network<\/a> \u2018s SoQuest platform !<\/p>\n

Now, you can utilize SoQuest to earn valuable rewards , craft your unique on-chain identities , and explore so much more!<\/p>\n

Buckle up for this exhilarating blockchain journey! https:\/\/t.co\/l07MVJtaVz<\/a><\/p>\n

\u2014 Conflux Network Official (@Conflux_Network) May 17, 2023<\/a><\/p>\n

CFX<\/strong><\/p>\n

Conflux has been able to keep building despite the market conditions present with multiple integrations<\/a> on other networks. These developments positively affected CFX\u2019s price, with the token up<\/a> nearly 30% in the past two weeks, making it one of the biggest gainers in the market.\u00a0<\/p>\n

As of writing, bulls are trying to recover $0.3128. A return on this level will provide a solid support level for CFX to settle above $0.4215 in the coming days or months. However, investors and traders should monitor Bitcoin\u2019s future price movements as the two assets are historically correlated with each other.<\/p>\n

LTC\u2019s Hashrate is a prime metric and plays a crucial role in the strength and security of the Litecoin network.<\/p>\n

The future is bright #Litecoin<\/a> pic.twitter.com\/9Gff8Iqk6K<\/a><\/p>\n

\u2014 Litecoin (@litecoin) May 22, 2023<\/a><\/p>\n

LTC<\/strong><\/p>\n

Being the oldest crypto on the list, Litecoin holds itself higher than the others listed. Boasting<\/a> a very high hashrate, this coin proves<\/a> to be a reliable way to transact in everyday life. Due to these factors, LTC is up nearly 17% since last week.\u00a0<\/p>\n

Bitcoin\u2019s movement toward a tight trading range is affecting LTC\u2019s future performance. At the moment, the asset is holding above $89.32 which can open the path towards higher gains. For the long term, investors and traders should be able to target $100 to secure a bigger upside.\u00a0<\/p>\n

-Featured image from Futurist Speaker<\/em><\/p>\n

<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-24474","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/24474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=24474"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/24474\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=24474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=24474"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=24474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}