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Top 5 Altcoins Poised for Major Rally in February Last Week!

The post Top 5 Altcoins Poised for Major Rally in February Last Week! appeared first on Coinpedia Fintech News

Despite a bearish influence, the crypto industry experienced a significant uptrend during February, with many altcoins recording a gain of over 100% in their respective portfolios and is on the verge of completing the month positively.

The rising bullish sentiments indicate a sharp rise in the investor’s interest in it. This article consists top 5 altcoins that have the potential to record significant gains this week.

Worldcoin (WLD):

The Worldcoin price started trading in February with a price tag of $2.328 and displayed a neutral trend for a brief period, indicating a disinterest of the investors in this token. As the market volatility grew in mid-February, the WLD token displayed a notable run over the next ten days by adding approximately 291% in valuation.

Worldcoin Price Analysis
TradingView: WLD/USDT

Currently, the WLD price is trading with a tag of $9.114, has a circulating supply of 135,247,618 WLD tokens, and a market cap of $1.238 Billion. The altcoin is predicted to test its upper resistance level of $11 by the month-end, hinting at a 20% gain over the next few days.

The Moving Average Convergence Divergence (MACD) displays a rising green histogram, indicating increased buying pressure within the crypto market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming days.

Fetch.ai (FET):

The FET token entered the second month on a bearish note by recording a loss for the first few days. However, the bulls regained momentum and recorded a jump of over 88% over the next few weeks, highlighting a strong bullish sentiment for the coin in the market.

Fetch.ai Price Analysis
TradingView: FET/USDT

The Fetch.ai (FET) has a price tag of $1.0996, with a circulating supply of 831,852,395 FET tokens and a market cap of $931.56 Million. The current market sentiments hint at a potential 16% jump this week, making it a hot pick for this list.

The MACD shows a constant decline in the histogram, indicating an increase in the price action in the market. Moreover, the averages display a high possibility of a bullish convergence, suggesting a positive price action for the coin in the coming days.

SingularityNET (AGIX):

The SingularityNET token has Year-to-Date (YTD) returns of over 143%, indicating a rising interest of investors in it. Further, the AGIX price has recorded significant price fluctuations this month, resulting in it gaining significant attention from the market.

AGIX Price Analysis
TradingView: AGIX/USDT

The AGIX token has recorded a jump of over 182% this month, making it one of the top gainers in the industry. With a circulating supply of over 1.256 Billion tokens and a market cap of $980.18 Million, the SingularityNET token is predicted to test its upper limit of $0.90 within this week.

The technical indicator displays a mixed sentiment as its Cross EMA 50/200-day shows a bullish momentum, whereas its MACD hints at a bearish price action in the coming time.

The Graph (GRT):

The Graph price traded in a consolidated range between $0.1495 and $0.1764 for the first two weeks of the month, following which the market experienced a bullish reversal, resulting in the GRT token experiencing a jump of over 90% in valuation. Further, it has added over 68% this year to its portfolio, making it a potential coin for the upcoming bull rally.

The Graph Price Analysis
TradingView: GRT/USDT

The Graph currently has a price tag of $0.2995 and a market cap of $2.803 Billion. With a circulating supply of 9,417,231,497 GRT tokens, the price is predicted to test its upper resistance level of $0.350, hinting at a potential-jump of 17% this week.

The MACD displays a rising green histogram, highlighting a positive price action for the coin in the market. Further, the averages show a bullish convergence, suggesting the price will continue gaining value in the coming time.

Render (RNDR):

The Render price traded in a consolidated range between $4.254 and $5.156 for the first sixteen days, after which the market gained momentum, and the token displayed significant fluctuation in the chart. Further, the RNDR token has added 73.50% this month. 

Render Price Analysis
TradingView: RNDR/USDT

It has a price tag of $7.497, with a circulating supply of 387,257,447 RNDR tokens and a market cap of $2.848 Billion. The RNDR token has recorded a YTD of over 68%, making it a hot pick for this list. Further, the Render token is expected to test its upper level of $8.50 this week.

The technical indicator, MACD, displays a decline in the red histogram, indicating a rise in the buying pressure for this altcoin in the crypto market. Moreover, the averages show a high potential for a bullish convergence, suggesting a positive price action in the coming time.

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