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Crypto Top Gainers of the Week are HNT, UNI, and STRK; Let’s See

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Crypto Top Gainers of the Week are HNT, UNI, and STRK; Let’s See
  • HNT price has surged by 100% in a month, showing the bulls’ strength.
  • RSI has witnessed a strong buying signal in STRK crypto at the bottom.
  • The UNI price has declined by 50% in the past 3 months.

The crypto top gainers of the week are HNT, UNI, and STRK. These crypto have remained bullish in the bearish market. The HNT crypto has performed extraordinarily, but UNI and STRK have remained almost neutral.

Helium Price has Surged by 100% in a Month; What’s Next?

Helium (HNT) price has shaped an inverted head and shoulder pattern in the broader time frame, and previous losses have recovered. The digital asset price was heading toward the last swing high at press time. Based on the technical chart, the price has risen by forming higher highs and higher lows.

The price has reached closer to the $10 mark, and a small bullish spark may help to achieve it. It has been trading over the key moving averages, showcasing the bullish momentum.

If the bullish trend is interrupted near the $10 mark, profit booking can be anticipated. Due to the profit booking, sellers may dominate, and the price below key moving averages may attract sellers.

It may be a bullish signal if the price smashes the $10 hurdle. If the trading volume increases at the time of breakout, then the price may keep surging further.

Could the Uniswap Price Rebound from the Demand Zone?

Uniswap (UNI) crypto was traded at $6.17 at the time of writing, dropping by 2.23% in an intraday session. The market capitalization was $3.70 in the global cryptocurrency market. The 24-hour trading volume was $76.59 Million, which dropped by 66%.

Since March, the momentum has shifted to the sellers’ hands, and a bearish trend has been witnessed. It has lost the key moving averages, indicating the sellers’ dominance.

The UNI crypto price was wandering in the lower high territory and forming bearish candlesticks. The bearish momentum in this zone might attract sellers, leading to a bearish momentum. Sellers may eye for a new lower-low zone and record this year’s low.

In contrast, if the digital asset price surpasses the key moving averages, it might be a buying signal. Suppose the price smashes the $12 mark; then there is strong buying momentum. This may result in loss recovery on a larger scale, which can be anticipated.

STRK Price Stabilizes at Bottom; Can It Rebound Soon?

The technical chart suggests that the Starknet (STRK) crypto price has dropped more violently. The price has been consolidating in a parallel channel at the bottom. It has just exceeded the 20-day EMA and is heading for the 100-day exponential moving average (EMA).

Turning to the technical indicators, the RSI has extended to the overbought zone from the oversold zone. This RSI change occurred during the consolidation phase of the STRK price, which may help trigger bullish momentum.

Buying momentum can be seen if the STRK price triggers a breakout from the channel. The RSI has generated favorable conditions for a bullish forecast. If the price manages to overcome the 100-day EMA, it may turn into a trend reversal.

Alternatively, if the Starknet price slips below the channel, buyers may be out of the battle. Below the significant support level, it could be difficult for the buyers to bounce back.

The crypto top gainers of the week were HNT, UNI, and STRK at the time of writing. The HNT price has surged by 17.01% in a week, while UNI and STRK crypto have not witnessed this much gain.

These coins have remained bullish in the negative cryptocurrency market. The STRK crypto price has dropped to the bottom, and a bounce back can be anticipated.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.

P
Written by
Cryptocurrency Writer

Pratik Chadhokar is a cryptocurrency and markets writer contributing to The Market Periodical. His coverage spans Bitcoin and Ethereum price analysis, staking, cross-chain tools and crypto regulation.

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About this article

PublishedSeptember 6, 2024 3:45 pm
Last updatedSeptember 6, 2024 3:45 pm
Written byPratik Chadhokar, Cryptocurrency Writer
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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