In the cryptocurrency world, there are signs of increase for three altcoins. The possibility that the price will go up attracts investors. Let’s look at the details.
Altcoin Shiba Inu is on the rise
Altcoin SHIB price is up 5.4% in the last 24 hours to reach $0.0000083. Accordingly, in the last week, it has dropped 14.0% from 0.000010 to its current price. The chart below compares the Shiba Inu’s price action and volatility over the last 24 hours (left) with price action last week (right). The gray bands are Bollinger Bands that measure volatility for both daily and weekly price movements. The wider the bands, or the larger the gray area at any given moment, the greater the volatility.
Altcoin SHIB’s trading volume is down 53.0% last week, with its circulating supply falling 0.25%. This puts its circulating supply at the level of 589.33 trillion. According to our data, the current market cap for SHIB ranks 15th at $4.87 billion.
Increase signal for Altcoin LINK
Altcoin LINK price rose 3.08% in the past 24 hours to $6.34. This was in the opposite direction of last week’s trend, moving to its current price of $6.82, losing 8%. It should be noted that LINK’s all-time high was $52.70. The chart below compares Chainlink’s price action and volatility over the last 24 hours (left) to last week’s price action (right). The gray bands are Bollinger Bands that measure volatility for both daily and weekly price movements.
The cryptocurrency’s trading volume has dropped 27% over the past week. Accordingly, it moved with the general circulation supply decreasing by 0.34%. The circulating supply stands at 538.10 million. On the other hand, according to our data, the current market cap of altcoin LINK is $3.41 billion. Accordingly, it ranks 23rd.
Uptrend for Monero
In the past 24 hours, the price of Monero has dropped 3.18% to $142.99. This marks an 8% loss at $155. Accordingly, it continues the negative trend of last week. The chart below compares Monero’s price action and volatility over the last 24 hours (left) to last week’s price action (right). The gray bands are Bollinger Bands that measure volatility for both daily and weekly price movements.
Looking at Cryptokoin.com, the trading volume of altcoin Monero dropped 29% last week. On the other hand, there was an increase of 0.04% in the circulating supply. Accordingly, this increased the circulating supply to 18.15 million. According to our data, the current market cap for altcoin XMR ranks 28th with $2.60 billion.
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