Analytics

Top Performers This Week: HOT, BTT, EOS, TRX, & FIL – Where Are They Heading To Next Week?

It’s been a great week in the market, with Bitcoin rising 8.35% as it heads toward $60,000 again and Ethereum up by almost 25% as it sets new ATHs above $2,100. This market optimism has allowed the majority of the altcoin market to surge also over the week. Let us take a look at the top performers during the week.

The coins we will cover today are HOT (+149.37%), BTT (+92.93%), EOS (+51.47%), TRX (+57.50%), and FIL (+32.67%).

1. Holo Token

HOT managed to surge by an epic 149.37% this week as the coin reached as high as $0.028, setting a new ATH price. The cryptocurrency was trading at $0.01 as the week started to trade, and it quickly started to shoot higher to end the month of March at around $0.016. 

As April started to trade, HOT continued to surge past $0.02 to set new ATHs. It reached resistance at $0.025 (1.272 Fib Extension) yesterday and continued higher today to set the $0.028 ATH price. It is currently trading at resistance around $0.026, which is resistance provided by a 1.414 Fib Extension level.

Looking ahead, if the buyers continue to push beyond $0.0262 and break past the current ATH at $0.028, the first level of resistance can be expected at $0.029 (1.618 Fib Extension). This is then followed closely by $0.03.

Beyond $0.03, resistance lies at $0.0351 (1.272 Fib Extension), $0.037, $0.0288 (1.414 Fib Extension), and $0.04.

On the other side, the first level of support lies at $0.025. This is followed by $0.020, $0.0179 (.382 Fib Retracement), $0.015 (.5 Fib Retracement), and $0.011 (.618 Fib Retracement)

2. BitTorrent Token

BTT came back to life this week as the cryptocurrency surged by a whopping 92.93% to reach its current price of $0.007751. The cryptocurrency was trading at $0.00353 at the start of the week as it began to push higher. It had reached $0.005 by the end of trading in March and continued further higher yesterday to reach the $0.0068 resistance, provided by a 1.272 Fib Extension level.

Today, BTT continued even further higher to reach resistance at $0.00747 (1.414 Fib Extension) but has since dropped to $0.00724.

Looking ahead, if the bulls break above $0.00747, the first level of resistance is expected at $0.008. This is followed by resistance at $0.00832 (1.618 Fib Extension – purple), $0.0088 (1.272 Fib Extension – orange), $0.009,  $0.00949 (1.414 Fib Extension – orange), and $0.01.

On the other side, the first level of support lies at $0.006. This is followed by $0.005 (.382 Fib Retracement)m $0.0043 (.5 Fib Retracement), and $0.00351 (.618 Fib Retracement).

3. EOS

EOS saw a powerful 51.47% price hike this week, setting a new yearly high at $6.45, where it met the resistance at a 1.272 Fibonacci Extension level. The coin had surged higher from $4.00 at the start of the week as it burst into life and broke the February 2021 high at the start of April. It is now trading at $6.12.

Looking ahead, the first level of resistance lies at $6.45. This is followed by $6.67, $6.90 (1.414 Fib Extension), $7.16 (bearish .786 Fib Retracement), $7.50 (1.618 Fib Extension), and $7.85 (bearish .886 Fib Retracement).

On the other side, the first level of support lies at $6.00. This is followed by $5.50, $5.33 (.382 Fib Retracement), $5.00 (.5 Fib Retracement), and $4.61 (.618 Fib Retracement).

4. Tron

TRX also saw a powerful 57.50% price hike this week as the cryptocurrency reached the resistance at $0.1032, provided by a 1.618 Fib Extension level. It reached this resistance at the end of March 2021 and is still yet to close above it. 

The cryptocurrency was trading at around $0.064 at the beginning on the week as it started to surge higher and break above the February 2021 highs of $0.0645. From there, it exploded higher on the final day of March 2021 to reach the current $0.0933 resistance.

Moving forward, the first level of resistance lies at $0.0933 (1.618 Fib Extension). This is followed by resistance at $0.1 (April 2018 high) and $0.11. If the buyers continue to drive above $0.11, resistance lies at $0.113 (1.272 Fib Extension), $0.12, and $0.122 (1.414 Fib Extension).

This is then followed by resistance at $0.13, $0.134 (1.618 Fib Extension), and $0.14.

On the other side, the first level of support lies at $0.0845. This is followed by $0.08, $0.0747 (.382 Fib Retracement), $0.07, $0.0677 (.5 Fib Retracement), $0.0545, and $0.06 (.618  Fib Retracement).

5. FileCoin

FIL saw a respectable 32.67% price rise over the course of the week as it currently trades at $174.34. The cryptocurrency had surged higher at the beginning of April, setting a new ATH price at $240. It had started the week by rebounding from $120 as it surged into the top ten ranked cryptocurrency projects.

Since setting the ATH price, the coin has dropped to $180 as the buyers battle to push the market higher again.

Looking ahead, the first level of resistance lies at 200. This is followed by resistance at $220, $230 (1.618 Fib Extension), and then at the ATH of $240. Beyond the ATH, resistance lies at $253 (1.272 Fib Extension), $268 (1.414 Fib Extension), $277, $290 (1.618 Fib Extension), and $300.

On the other side, the first level of strong support lies at $158.88 (.382 Fib Retracement). This is followed by $134 (.5 Fib Retracement), $120, $110 (.618 Fib Retracement), and $100.

   

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