• If WLD succeeds in rising above the $8 resistance degree, it might set off a surge in the direction of $10.
• AR might fall beneath $20, whereas promoting strain might push PEPE right down to $0.0000013.
• Whereas FLR momentum turns bearish, elevated shopping for strain might push FET above $2.

The complete cryptocurrency market has skilled an enormous rally in latest weeks, with Bitcoin (BTC) reaching $64,000 at one level. Nonetheless, aside from Bitcoin's meteoric rise, there have been a number of cryptocurrencies that caught the eye and confirmed distinctive efficiency. Under are the highest 5 finest performing cash within the prime 100.

World Coin (WLD)

World Coin (WLD) worth has elevated by 217.82% prior to now 30 days. At a sure level, the value of the token exceeded $9. Nonetheless, over the previous seven days, the upward trajectory has subsided and on the time of writing, World Coin traded at $7.72.

Primarily based on the 4-hour WLD/USD chart, sellers might have gotten exhausted after assist appeared at $7.25. Nonetheless, given the stable resistance at $8, a rally to $9 could possibly be troublesome.

If WLD can shut above $8, WLD might set a brand new all-time excessive and soar in the direction of $10. Nonetheless, a rejection on this area might trigger the token to plummet once more. On the time of writing, the RSI was beneath the midpoint of fifty.00 and approaching oversold territory.

If the RSI worth continues to fall, WLD worth might drop beneath $7. If the token will get oversold, the following rally could possibly be above $9. Moreover, the Superior Oscillator (AO) studying is detrimental, suggesting that draw back momentum is growing.

Arweave (AR)

On the time of writing, AR worth was $27.18, up 209.04% in 30 days. Because of the value enhance, the decentralized storage community's native token was in a position to rise to 52nd place out there capitalization rating.

In response to the Bollinger Bands (BB) indicator, from a technical standpoint, volatility centered on AR is extraordinarily excessive. This excessive volatility implies that worth fluctuations may be giant. Nonetheless, the token was overbought because the higher band of BB pushed the value to round $30.

In a really bearish state of affairs, AR might fall beneath the $20 space. Nonetheless, growing shopping for strain might push the value in the direction of $35. Much like BB, the Cash Stream Index (MFI) strengthened the concept the token has reached overbought ranges.

Subsequently, additional retracements are attainable. However, if an altcoin begins to rise greater than normal, AR might comply with swimsuit and return to an upward development within the quick time period.

Pepe (Pepe)

As Coin Version not too long ago reported, PEPE grew to become the best-performing meme coin within the prime 100 with a 178% enhance. On the time of writing, the cryptocurrency's worth was $0.00000271, nevertheless it not too long ago hit an all-time excessive.

Nonetheless, PEPE seems to be getting into a profit-taking interval based mostly on the 4-hour outlook. For instance, Chaikin Cash Stream (CMF) has fallen considerably into detrimental territory. This detrimental studying implies that there isn’t a longer any power behind PEPE's earlier uptrend.

Actually, worth traits might proceed to development downward. On this case, PEPE worth might plummet to $0.0000020. Trying on the Fibonacci retracement, we see that if the promoting strain is powerful, the value the place the Fibonacci ranges of $0.618 and $0.786 are positioned might fall to $0.0000013.

Fetch.ai (FET)

FET continued to show itself as one of many prime AI-themed cryptocurrencies this cycle. Previously 30 days, the value of FET has elevated by 170.78%. We additionally see that because of this enhance, the value is at present buying and selling above $1.58.

From February twenty second to February twenty eighth, FET was in a consolidation section as the value struggled to rise above $1.19. Nonetheless, the bulls discovered assist at $1.05 and took benefit of it with elevated shopping for strain.

Because it stands, alerts from on-balance quantity (OBV) might push FET costs even larger. At press time, the OBV studying elevated. Moreover, the Transferring Common Convergence Divergence (MACD) is optimistic, indicating bullish momentum.

Within the quick time period, FET might transfer above the $2 mark earlier than the northward motion subsides for a while.

Flare (FLR)

A 100% enhance prior to now 30 days means Layer 1 token Flare (FLR) was buying and selling at $0.04. Nonetheless, the MACD revealed that the bullish momentum has turned bearish by slipping into detrimental territory.

Moreover, the 12-day EMA (blue) is beneath the 26-day EMA (orange), suggesting that sellers have outperformed consumers. If this holds true sooner or later, FLR worth might drop by 15.62% to $0.039.

Moreover, the RSI additionally fell beneath the midpoint, confirming the MACD promote strain sign. Nonetheless, if altcoins begin to dominate as BTC declines, FLR's long-term outlook might develop into bullish.