The altcoins in the market are taking no chance to add to their value despite the situation of the crypto don, Bitcoin, especially when it failed to lead the market into recovery at the end of the year 2018 which many lauded so much.
In the last few days, Electroneum (ETN) has been able to find its foot on the upside trend, and it looks like the altcoin already found a solid support in the green area. Although ranked the 60th world’s largest crypto asset by market cap, but Electroneum is pulling the string far better than the market toppers, with clear signal for a major breakthrough.
According to Coinmarketcap, Electroneum (ETN) is the third highest gainer amongst top 60 coins in the last 24 hours. The altcoin, in the last 24 hours added 8.2% to its value against the US Dollar, and at the same time outpaced BTC on the upside trend by 7.5% within the same period.
After forming a solid support around $0.0061 level for about 9 hours at the start of the last 24 hours, Electroneum ignited a steady drive on the upside trend, forming another solid support around $0.0069.
As at press time, Electroneum is still on the rising wedge, and there are speculations that the moon race might soon be initiated.
Tron (TRX) Leads Top Ten Market As Litecoin (LTC) Joins The Leader Race
The top ten position is a delicate place in the market table with the involvement of much competition and attention, exactly why Tron (TRX) did not just remain on the fragile 10th position it maintained towards the end of the previous year.
No just that, the position sometimes serve as the criteria for investment on the side of some investors.
Since the start of the week, Tron (TRX) has been signaling a major bull run in the market. After the initiation of the BitTorrent assets sale, Tron rose up in the market with a more energetic momentum for the pinnacle.
According to Coinamrketcap, Tron (TRX) is leading the top ten gainers in the last 24 hours by 5.6%, a rare added value among the market leaders since the start of the year.
Tron did not just championing the leading cause, but added 4.6% to its value more than Bitcoin in the last 24 hours. Irrespective of the market situation, Tron (TRX)’s momentum on the upside trend looks unstoppable. However, observers opined that this might actually be the right time for Tron (TRX) to climb the table ladder up.
Litecoin (LTC), on its own end seems to be regaining its past glories. In the last few hours, it was presiding the top ten market gainers, nevertheless, it is still ranked the second highest gainer amongst the clan.
Litecoin (LTC) added 4.4% to its value against the US Dollar in the last 24 hours, and the last 2 hours market data depict a strong hold on the upside trend.
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